Supply & Demand

Middle East & African consumers desire more LNG

LNG imports in the region are expected to see double-digit growth in 2016, resulting in floating LNG import solutions becoming more popular and increased participation by portfolio players LNG imports in the region are expected to see double-digit growth in 2016, resulting in floating LNG import solutions becoming more popular and increased participation by portfolio players.
By Abhishek Kumar 1 February 2016 0 24319
Idku LNG

The Middle East and Africa region’s LNG imports are expected to see double-digit growth in 2016, resulting in the growing popularity of floating LNG import solutions and increased participation by portfolio players.

 

  • Demand for gas is growing faster than production in the Middle East and Africa. Combined with low oil and LNG prices, this will maintain the region’s dependence on LNG imports.
  • LNG flows into the MEA from other regions are rising as portfolio players consolidate their positions,...