Thursday, February 27, 2020
Sproule Senior Associate, Liam O’Brien commented on global LNG trade volume increases as a result of new projects on the U.S. Gulf Coast.
“Primarily because of its growing use in Asia as cleaner, more reliable energy, LNG is a booming global industry. According to energy analysts at Sproule, worldwide LNG trade volumes grew by a record 40 million tonnes per year in 2019, to an annual total of approximately 360 million tonnes. This was led by new projects on the U.S. Gulf Coast, says Sproule senior associate Liam O’Brien.”