IMPORTANT LNG MARKET
NGW - The LNG market has grown strongly in the last few years. In 2008 the global export capacity was 270bn m³/yr while in 2016 it was around 400bn m³/yr (+150%). The International Energy Agency in 2011 predicted that by 2015 gobal trade would reach 450bn m³/yr. These higher expectations resulted mainly from the aftermath of the Fukushima accident and Asian growth more generally, notably China.
Since then the market has changed: China's growth has slowed, Japan has restarted some nuclear plants, demand in the EU has been weak and this is reflected…
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