Report: LNG demand to rise 4% to 5% annually through 2030

A new report from Royal Dutch Shell PLC says global demand for liquefied natural gas (LNG) will rise 4% to 5% annually between 2015 and 2030, according to Oil and Gas Journal. The news site says Shell’s “LNG Outlook” notes that LNG demand has been bolstered by the addition of six new importing countries—Colombia, Egypt, Jamaica, Jordan, Pakistan and Poland—since 2015, bringing to 35 the number of importers. The report says the bulk of the increase in LNG exports in 2016 came from Australia, and the United States also contributed to the growth with 2.9 million tonnes of LNG delivered from the Sabine Pass terminal in Louisiana. For more, read the full story.