Global LNG Market Poised for Growth, Aiding Environmental Goals and Energy Needs - ResearchAndMarkets.com
The development of LNG import infrastructure, such as regasification terminals and distribution networks, has facilitated global access to LNG.
- The development of LNG import infrastructure, such as regasification terminals and distribution networks, has facilitated global access to LNG.
- Growing demand for cleaner energy sources, particularly in Asia, incentivizes higher LNG production to meet energy needs and emissions reduction goals.
- Import and Export: Japan dominates the global LNG import market, while Australia leads in LNG exports.
- Additionally, long-term LNG supply contracts play a crucial role in the LNG market, providing stability and predictability for both buyers and sellers.