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LNG: Why the industry expects demand to grow

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Published: December 11th, 2024,
Last updated: December 20th, 2024

When it comes to security of supply and LNG, the focus is often only on new supply, but demand will also grow in the coming years – at least the liquefied natural gas industry hopes so.
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Despite new liquefaction capacities for LNG, the industry expects supply to remain tight. „The market will remain tight for the next two to three years,“ said Laurent David, spokesman for the International Association of LNG Importers (GIIGNL), at the World LNG Summit in Berlin on Wednesday.

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