27 April 2024
FEATURE: LNG Outlook 2017 – Surplus or balance?
Publication date: 10 February 2017
Gas Strategies Group
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EC4A 4AD
ISSN: 0964-8496
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This year looks set to be an important year for LNG. Global production is forecast to reach around 292 mt, marking an increase of 34 mt from 2016 – an unparalleled year-on-year rise.
The lion’s share of additional production will come from the ramp-up of liquefaction plants commissioned in the US and Australia in 2016. A fair amount of extra production also is expected from projects scheduled for start-up in 2017.