Interview: Vincent Demoury, GIIGNL [Gas in Transition]
May 24, 2021 9:27:am
Summary The annual review of LNG markets, by the importers group GIIGNL, confirms the direction of travel for LNG: more production going to more customers and on a shorter-term basis. [Gas in Transition, Volume 1, Issue 2]
by: William Powell
Scarred as it was by the COVID-19 pandemic, last year saw a much lower growth in LNG trade. The amount of LNG imported grew fractionally in 2020 from 354.7mn metric tons (mt) to 356.1mn mt, despite the shut-ins of production and the falling demand for energy, according to a new report by the France-based International Group of LNG Importers (GIIGNL).