LNG & World

  • Global demand for natural gas is continuing to increase as economies in both developed and emerging countries continue to grow.
  • LNG cargo ships have never suffered cargo loss till date.
  • According to the International Energy Agency (IEA), global demand for energy is expected to rise by 40% by 2035 including a 55% increase in demand for natural gas.
  • Canada is the world's third largest producer of natural gas with average annual production of 6.4 trillion cubic feet (TCF).
  • USA has at least 100 years of natural gas supply judging from today's consumption levels.
  • Countries like Europe, India, Spain, China and Asia are leading the overall future demand for LNG.