From 2022-2028, 45% of new LNG capacity worldwide will come onstream in the US, but Canada and Mexico will capture North America’s west coast opportunity. North America will become the primary source of global LNG supply. [Gas in Transition, Volume 3, Issue 12]
The number of LNG-importing countries is on the rise, even if plans in a number of mainly low-income countries have stalled. Meanwhile, talk of gas demand destruction may be overestimated – demand has instead been suppressed. [Gas in Transition, Volume 3, Issue 11]
Chinese LNG imports could hit record levels by year’s end as rapidly rising power demand and a lack of hydropower push gas-fired generation and city gas use higher. [Gas in Transition, Volume 3, Issue 11]
Namibia should be proactive in fostering gas/LNG development from the outset as it starts its journey into offshore oil production. [Gas in Transition, Volume 3, Issue 10]