MARKETS

LNG supply to increase by 40Mt this year: Woodmac

ANALYST firm Wood Mackenzie has declared that 2019 will see a record amount of LNG production approved as global demand increases, particularly due to China's insatiable appetite for gas as it looks to transition to cleaner energy resources.

LNG supply to increase by 40Mt this year: Woodmac

Speaking to Reuters last week, Wood Mackenzie's research director for global gas and LNG, Giles Farrer, said he expected final investment decisions to be made on projects which would add more than 60 million...

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