November 2019, Vol. 246, No. 11

Global News

LNG Investments Hit Record $50 Billion in 2019

Record investments of $50 billion have turned 2019 into a banner year for LNG, with Canada and the United States being the main drivers, the chief of the International Energy Agency (IEA) said.  The industrial sector is Asia’s biggest driver of LNG growth, with China expected to overtake Japan as the world’s top importer of the fuel in five years, said Fatih Birol, the agency’s executive director. “(Through June) this year, 2019 already broke the highest amount of (final investment decisions) for the first time ever, $50 billion,” he said during a conference in Tokyo. More than 170 Bcm of natural gas liquefaction capacity is due to take a final in

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