May 2008

Trends and Resources

HP Impact: HPImpact: Brisk global LNG capacity additions to fuel rising demand

In 2007, global LNG demand reached approximately 172.4 million metric tons (MMton), a rise of roughly 13 MMton (or 8%) compared to 2006. The largest growth on a percentage basis occurred in the Americ..

Weirauch, Wendy, Hydrocarbon Processing Staff

In 2007, global LNG demand reached approximately 172.4 million metric tons (MMton), a rise of roughly 13 MMton (or 8%) compared to 2006. The largest growth on a percentage basis occurred in the Americas (41%), followed by Asia (10%) while Europe (–?6%) declined (Fig. 2). So finds a new report from FACTS Global Energy (www.fgenergy.com).  Fig. 2    Regional global LNG supply growth in 2006 and 2007. This situation was the reverse of 2006, when Europe experienced the largest growth rate in imports due to a cold winter and strong demand in the UK. The Americas saw imports declin

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