Robust Growth Predicted for 2008 LNG Production
Posted on Feb 14, 2007 in Liquefaction, Markets and Competition | Comments Off on Robust Growth Predicted for 2008 LNG Production
A Wood MacKenzie analyst tells World Gas Intelligence that LNG production may rise only 8% in 2007, keeping supply and demand for the fuel unbalanced. “Some are going to go hungry. There’s just not enough LNG to go around,” he says. However, the publication predicts a greater leap in production in 2008, when a number of large liquefaction trains in Russia and Qatar are expected to come online. [Subscription required]