Middle East & Africa: Trade
The MEA’s demand for LNG is set to increase as weather-related gas demand picks up during the summer.
The MEA’s LNG imports rose sharply last year, and further increases are possible this year as several countries in the region will record their first full years with FSRUs. Turkey and Abu Dhabi installed FSRUs in 2016, and Ghana is expected to follow suit in 2017. The MEA imported 2 mt of LNG in February, an increase of 28.4% on an annual basis. Turkey was the biggest LNG importer in the MEA in February as cold weather boosted consumption. GGA forecasts the region’s LNG imports will increase by 15% year on year in 2017, to 27.3 mt.
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