The dynamics in the global LNG market are set to shift over the next decade, with demand set to double in this timeframe and a tight market to remain until 2020.
That’s according to Qatargas CEO Khalid Bin Khalifa Al Thani, who presented Qatargas’ views on the global LNG market fundamentals at the recent Monthly Gas Lecture in Doha organised by the Gas Exporting Countries Forum (GECF),
Qatar delivers LNG to 26 out of a total of 29 LNG importing countries, accounting for 33% of the world’s LNG supply. The bulk of these supplies are to Asia, which holds 75% of total LNG demand.
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