The world’s seven biggest LNG buyers could have a combined uncontracted demand of 80 mtpa by 2030, Wood Mackenzie said on Thursday.
China National Offshore Oil Corp., PetroChina, Sinopec, South Korea’s Kogas, Taiwan’s CPC, and Japan’s Jera and Tokyo Gas together account for more than half of the global LNG market. The forecast volume would be quadruple their current combined uncontracted demand.
Next year could see a record volume of LNG export capacity reaching FID, with the frontrunners including Novatek’s Arctic LNG 2; projects...
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