The LNG Industry and Market Developments
Published On: July 16, 2018
CERI Natural Gas Report - June 2018
Global natural gas consumption is positioned to grow by 45% over the next 25 years. LNG accounts for 32 percent of globally traded gas and according to BP, by 2035 half of all globally traded gas will be LNG.
As the LNG market evolved, so did a business model, shares of long-term and short-term markets, pricing mechanisms, contractual terms, risk distribution, liquefaction and regasification on technologies, and carbon management policies.
This article touches upon some of these elements and presents a short account of some key changes.