March 2016, Vol. 243, No. 3

Features

LNG Startups Planned in 2016, But real LNG Growth Yet to Come

Special to Pipeline & Gas Journal Wood Mackenzie’s latest review of the Global LNG industry concludes that the market was characterized by weak Asian demand in 2015, with a year-on-year decline of 2%. As a result, many LNG players shifted their focus to developing markets and employing new regasification capacity. Despite weakened demand and the impact of the oil price crash, LNG production remained high throughout the year reaching 250 million tons (Mt) in 2015 – up 4 Mt on 2014 – primarily due to a number of key project start-ups. In 2016, the initial focus will be on the U.S., with the start of exports from Sabine Pass, signifying a key milestone, however, Wood Mackenzie

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