WGC 2018: LNG trade advances with demand
Momentum in global natural gas trade shows no sign of abating
Stronger-than-expected demand for liquefied natural gas in 2017 helped trading break growth records for a third consecutive year, with prices also increasing for the first time in two years. Global LNG trade in 2017 reached 293.1 million tonnes - an increase of 12% (35.2 mt) from 2016, according to the 2018 World LNG Report, launched at the World Gas Conference in Washington on Wednesday Written by Italian grid operator Snam SpA, the International Gas Union trade lobby and The Boston Consulting Group, the report noted that the Asia-Pacific region continued to be a core driver in global demand, with China alone adding 12.7 mt of imports in 2017 - the largest ever annual growth by a single cou
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
