LNG eyes Emerging Markets for growth

The liquified natural gas (LNG) industry is eying emerging markets to expand business outside of the traditional markets in Asia.

In the last year, three emerging markets, Egypt, Jordan, and Pakistan, have become integral to stopping global LNG prices from steeply declining.

As a result, global imports of LNG have increased by 2.5 per cent, while demand in Asia has slowed.

With an estimated 100 million tonnes of LNG to arrive on the market by 2020, emerging market consumers are key to fill the growing gap.

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Read more at the Wall Street Journal.