IGU Magazine April 2019

Page 72

LNG2019

LNG2019 takes place in a landmark year for the industry LNG2019 will be the biggest gas event of the year with 11,000 people expected to attend the 19th edition of the triennial conference and exhibition being held this time in Shanghai.  By Mark Blacklock The LNG industry is converging

FID. The tide began to turn with the

shows that for the fifth conse-

on Shanghai in what is set to be a

go-ahead for LNG Canada in October

cutive year global LNG trade set a

landmark year with 36 mt of new

(14 mt) and Greater Tortue Ahmeyim

record, increasing 9.8% in 2018 to

production capacity coming onstream

LNG in December (2.4 mt). In addition,

reach 316.5 mt.

and final investment decisions (FIDs)

the laid-up Caribbean FLNG (0.5 mtpa)

likely on up to 60 mt of capacity.

was signed to a customer in November.

Demand growing and evolving

Driving the optimism is strong demand

Asia and Asia-Pacific

a relative drought between LNG18 in

– not least from LNG2019 host country

China’s Energy Revolution strategy

April 2016 and September 2018 when

China – and IGU’s latest World LNG

(see pages 28-36) maps out a growing

projects totalling just 16.93 mt reached

Report, to be launched at LNG2019,

share for natural gas in the energy mix

The surge in new investment follows

The LNG industry is converging on Shanghai for LNG2019.

70  LNG2019 takes place in a landmark year for the industry


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.