WORLD LNG TRADE HEADS TOWARD EXPANDED VOLUMES
World trade in liquefied natural gas is moving into a period of brisk expansion. Suppliers in Asia, North Africa, and the Middle East are preparing to step up deliveries to existing customers and develop new market outlets, while new gas exporters will emerge during the next decade. In world terms, the LNG market is still very small. Only 3% of world gas production is liquefied for exports that are running at about 42.8 million metric tons/year.