Supply & Demand

Record level of global LNG imports forecast for this year

Global LNG imports are set to increase to a record 308 mt, Bloomberg New Energy Finance has forecast.
By Staff reporter 13 September 2018 0 32525

Global LNG imports are set to increase by 8.5% year on year in 2018, to a record 308 mt, but the rate of growth will slow in 2019 and 2020, Bloomberg New Energy Finance forecast in its latest LNG outlook on Wednesday.

Growth will pick up again in 2021 and expand steadily up to 2027, after which it will accelerate to reach imports of 450 mt in 2030.

China will contribute half of this year’s 24 mt increase in demand, with...