Special Report: Global LNG industry expanding to meet heightened gas-demand projections

The world's LNG industry is poised for unprecedented growth. Pushed by natural gas demand projected to grow 2.5-3%/year over the next decade, LNG could grow at twice that rate.LNG's share of the global gas trade could grow to around 30% by 2010 and even higher by 2020 from 21% currently. In the US, LNG could make an important contribution to gas supplies, provided that price and regulatory issues can be settled.Reviewed here are major trends in supplies, markets, and projects based on the most recent information available.Recent trendsLNG has been one of the world's most rapidly growing fuels. Click here to enlarge imageExports have grown 6.4%/year since the mid-1980s (Fig. ...

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