LNG: Gloomy now, brighter soon

THE WORLD wanted more liquefied natural gas; the market responded. The wave of new supply, expected for years, is upon us. Global LNG export capacity is now 352.54m tonnes a year (t/y) and will rise to 357.84m t/y by the end of 2016; and 452.11m t/y by 2020, according to Petroleum Economist's Interactive World LNG Map. Supply will have risen by almost 30% in the space of five years. More »