Global LNG demand seen to hit 500mtpa by 2030 - The Peninsula Qatar

Global LNG demand seen to hit 500mtpa by 2030 - The Peninsula Qatar:

"Global LNG demand is expected to grow by nearly five percentage points every year, on average, to almost 500 million tonnes per annum (MTPA) by 2030. Projected population growth in developing economies, continuing high rates of urbanisation globally, and an increasingly environmentally conscientious public pushing for more regulations to adopt cleaner fuels in an effort to improve air quality have all been driving demand. Moreover, LNG for commercial land-based transport and marine bunkering is forecasted to grow exponentially if policy initiatives currently under consideration are enacted at a national, regional, or global level, according to Qatargas. Qatargas’ 2016 performance has been outstanding on all fronts, starting with safety and ending with financial performance, even after being subjected to a challenging business environment towards the end of 2015, Qatargas noted in its 2016 annual sustainability report."



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