Recently published IGU reports x Now in its seventh year, the latest edition of IGU’s World LNG Report contains a wealth of information, providing historical context for current and future trends in the dynamic LNG sector.
Recognised by both industry and external
Since the last edition of the IGU magazine,
stakeholders, the IGU reports are highly valued.
four new IGU reports have been published.
Both the number of downloads from the IGU
In addition, a new Global Natural Gas Insights
website and the questions to the IGU
pocket book has been released (see box).
Secretariat about permissions to use content in other articles and publications illustrate this.
Flagship reports Of the IGU reports, the most established are the World LNG and the Wholesale Gas Price reports. Both are now annual publications and two IGU committees, LNG and Strategy respectively, are responsible for their creation. Both are highly recognised. The World LNG Report serves many in the international energy business as a standard desk reference for information on the LNG industry. The first edition came out in 2010 and this year’s edition provides key insights on issues that will impact future world LNG activity, in addition to the report’s focus on recent historical data. The 2017 edition shows that 2016 was a dynamic year for the global LNG industry, with significant growth in LNG supply projects, as well as increases in demand for LNG as a fuel from new and existing markets around the globe. The global LNG trade reached a record 258 million tonnes – an increase of 5% from 2015, and the largest ever year for LNG trade. This dramatic increase is particularly noticeable when compared with the average 0.5% growth rate of the previous four years. IGU’s Wholesale Gas Price Survey started 10 years ago. It is a vital reference for the natural gas industry and has been undertaken for nine years. Together the studies confirm the signi ficant changes there have been in wholesale price formation mechanisms in this period of major developments and upheaval in the global gas market.
96 R e c e n t l y p u b l i s h e d I G U r e p o r t s