© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Clarida Questions Relevance Of Fed's Reverse Repos

MNI BRIEF: BOC Calls Talk Of Normalizing Rates Lower Premature

BOC- HIGH CPI MEANS TALK ABOUT NORMALIZING RATES PREMATURE

Coming Up In The Asia-Pac Session On Thursday

EZ/UK Bond Supply Calendar: Italy to sell BTP / CCTeu on Thurs

US EIA: CRUDE OIL STOCKS EX SPR -7.49M TO 473.7M MAR 24 WK

MNI INTERVIEW: Canada Budget Keeps BOC On Pause: Ex Official

MNI BRIEF: FDIC To Conduct Review Of Deposit Insurance

MNI BRIEF: Fed's Barr: Will Use All Tools To Keep Banks Safe

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

Global LNG Trade To Increase In the Near-Term: BP

LNG
BulletEnergy BulletsHomepageCommodities

Global LNG trade is anticipated to increase until 2030, before rising demand from emerging markets will be offset by falling imports from developed countries as they transition to lower carbon energy sources according the BP Energy Outlook.

  • Depending on the scenario, overall LNG demand is expected to rise by around 60% over the next ten year.
  • Coal-to-gas switching in China, India and other emerging Asian countries will boost demand for LNG.
  • LNG imports are the main source for this growing use of natural gas, accounting for 65-75% of the increase in gas consumed in emerging Asia out to 2030 across the three scenarios.
  • LNG imports to Europe are also increasing until 2030, given lower pipeline exports from Russia.
118 words

To read the full story

Why Subscribe to

MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Global LNG trade is anticipated to increase until 2030, before rising demand from emerging markets will be offset by falling imports from developed countries as they transition to lower carbon energy sources according the BP Energy Outlook.

  • Depending on the scenario, overall LNG demand is expected to rise by around 60% over the next ten year.
  • Coal-to-gas switching in China, India and other emerging Asian countries will boost demand for LNG.
  • LNG imports are the main source for this growing use of natural gas, accounting for 65-75% of the increase in gas consumed in emerging Asia out to 2030 across the three scenarios.
  • LNG imports to Europe are also increasing until 2030, given lower pipeline exports from Russia.