Saturday 10 January 2015

LNG demand not materializing in Asia

OIL AND GAS
LNG demand not materializing in Asia
Singapore (UPI) Jan 8, 2015 - Demand for liquefied natural gas in the Asian market hasn't materialized as expected, analysis published Thursday by Wood Mackenzie finds. Giles Farrer, principal analyst for the global LNG market at Wood Mackenzie, said production of LNG was on the rise, but the demand wasn't matching the increase as the industry moves past its 50th anniversary. "The big surprise was that Asian ... more


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