Global LNG Market Trends, Outlook, Strategies and Growth Potential to 2020

Global LNG demand is expected to increase from 238.2 million tonnes to 400.6 million tonnes, witnessing a growth of 162.4 million tonnes. However, during the period, 228 mtpa of new capacity is either under construction or in planned stage. Assuming 80% utilization rate, there will be 20 million tonnes of oversupply in 2020.