Weak demand growth and increased supply of LNG vessels has created an overhang of shipping capacity. However, the prospect of new trade from North America has kept vessel orders coming on the expectation of a better tomorrow. The danger is that the consequent increase in supply of LNG ships will outpace the growth in demand for them.
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As global energy demand rises, the market for liquefied natural gas (LNG) continues to expand. Set to increase by 50% between 2015 and 2020, the LNG market is one of the fastest growing in the world. This spectacular growth is transforming the market, with many new companies entering the sector and changing the industry landscape.
This LNG Long Term Outlook report provides an overview of LNG in the gas market.
LNG market participants and advisers can use this report to better understand the long-term role of this market in the global LNG business.
Offering bottom-up market analysis for over 150 LNG supply assets, 28 LNG-importing countries and more than 500 LNG contracts, Wood Mackenzie is the definitive and trusted resource for the LNG industry. We use our robust database and expert industry knowledge to help you understand the dynamics of the global LNG industry and identify emerging trends and opportunities.
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Commodity market report | Jun 2015
Global LNG shipping - long-term outlook 2015
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