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    Home > Chemicals Industry > International Chemical > Global LNG demand will exceed 300 million tons in 2018

    Global LNG demand will exceed 300 million tons in 2018

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    Global liquefied natural gas (LNG) imports will continue to set new records
    this year as demand increases.
    New research from Bloomberg New Energy Finance (BNEF) shows that LNG demand will rise to 305 million tonnes (MMtpa) by 2018, up 7.
    2% year-on-year, and reach 490 million tonnes
    by 2030.

    In 2017, global LNG demand rose by 25 million tonnes to 285 million tonnes, the highest annual growth since
    the 2011 Fukushima accident in Japan.

    However, Bloomberg New Energy Finance forecasts demand growth to slow between 2019 and 22, stabilizing in the range
    of 3.
    14-330 million tonnes before accelerating before 2030.
    Growth is expected to rebound to more than 4 percent from 2023, mainly stimulated
    by demand in Europe and Asia.

    Ashish Sethia, head of global LNG analysis at Bloomberg New Energy Finance, said: "Growth will slow
    in 2019-2022 as Russia's new gas pipeline comes on stream absorbs some of Chinese demand, and as Japan's nuclear power grid connection increases.
    " ”

    However, China's environmental measures, increased power generation in South and Southeast Asia, and declining domestic natural gas production in Europe have driven a surge
    in demand through 2030.

    Overall, global LNG demand will peak in 2021 and is expected to be 396 million tonnes
    by 2021.
    To support further demand growth, the final Investment Decision (FID) is likely to export 118 million tonnes of projects per year, mainly in the US, Qatar, Mozambique and Papua New Guinea
    .

    Global liquefied natural gas (LNG) imports will continue to set new records
    this year as demand increases.
    New research from Bloomberg New Energy Finance (BNEF) shows that LNG demand will rise to 305 million tonnes (MMtpa) by 2018, up 7.
    2% year-on-year, and reach 490 million tonnes
    by 2030.

    liquefied natural gas

    In 2017, global LNG demand rose by 25 million tonnes to 285 million tonnes, the highest annual growth since
    the 2011 Fukushima accident in Japan.

    However, Bloomberg New Energy Finance forecasts demand growth to slow between 2019 and 22, stabilizing in the range
    of 3.
    14-330 million tonnes before accelerating before 2030.
    Growth is expected to rebound to more than 4 percent from 2023, mainly stimulated
    by demand in Europe and Asia.

    Ashish Sethia, head of global LNG analysis at Bloomberg New Energy Finance, said: "Growth will slow
    in 2019-2022 as Russia's new gas pipeline comes on stream absorbs some of Chinese demand, and as Japan's nuclear power grid connection increases.
    " ”

    However, China's environmental measures, increased power generation in South and Southeast Asia, and declining domestic natural gas production in Europe have driven a surge
    in demand through 2030.

    Overall, global LNG demand will peak in 2021 and is expected to be 396 million tonnes
    by 2021.
    To support further demand growth, the final Investment Decision (FID) is likely to export 118 million tonnes of projects per year, mainly in the US, Qatar, Mozambique and Papua New Guinea
    .

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