LNG in Developing Countries

Global demand for energy continues to grow especially in developing countries such as China, India and Brazil. Gas demand in non-OECD countries is expected to grow faster than OECD countries with the share of global gas consumption in non-OECD countries increasing from 52% in 2011 to 59% in 2030. Growth in non-OECD countries is due to fast growing economics and changing habits in highly concentrated populations.

China has the sixth largest LNG regasification capacity and is one of the fastest growing LNG importers, expanding from 6 million tonnes per annum in 2008 to 32 million tonnes per annum in 2013.

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