subject: Liquefied Natural Gas As Significant Role In The Energy Sector Worldwide [print this page] Liquefied Natural Gas Market Worldwide Liquefied Natural Gas Market Worldwide
Natural gas accounts for 20% of the worlds marketed energy, with more than 120 quadrillion Btu of natural gas is consumed globally. It is a critical fuel in the generation of electric power and heat. Furthermore, it is used in industry as an energy source and/or feedstock for manufacturing fertilizer, pulp and paper, metals, chemicals, textiles, plastics and pharmaceuticals, among others. ( http://www.bharatbook.com/detail.asp?id=141443&rt=Liquefied-Natural-Gas-Market-Worldwide.html )
Nearly 120 quadrillion Btu of natural gas is consumed globally. Some gas-producing countries, such as those in the Middle East and Africa, are able to satisfy all of their natural gas demand through domestic supply. Others, such as Japan and South Korea, are almost entirely reliant on natural gas imports to fuel power plants, industrial processes and provide heat. Still others, including those in Europe and North America, are able to partially meet natural gas demand with domestic supply while supplementing the rest with imports.
LNG has assumed an increasingly significant role in the energy security of several nations around the world. LNG markets are expected to show robust growth over the next several years, driven largely by supply push. Driven by relatively low prices and a global economic recovery, LNG demand is expected to catch up with supply-chain capacity by 2014. LNG markets will likely experience renewed investments in supply-chain infrastructure in the years beyond 2015.
Liquefied Natural Gas Market Worldwide includes a broad review of the global market for liquefied natural gas. Key technologies leveraged within the LNG supply chain, including liquefaction, shipping and regasification technologies are discussed. An overview of the LNG market structure, mechanisms and key participants is provided. Additionally, recent investments in LNG liquefaction capacity, shipping capacity, and regasification capacity across regions and major participating nations are discussed.
The report provides historic and forecast global energy demand 2005 to 2015 and energy demand drivers and trends are reviewed. Further, world energy supply sources 2005 to 2015 are discussed and the linkage between domestic natural gas production, import dependence and LNG trading are outlined. Finally, historic and forecast international LNG trade volumes and values are presented for the period 2005-2015.
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Related Reports :
The Global Liquefied Natural Gas (LNG) Market, 2010-2020
