News

Ideas That Generate Results

Asia LNG Market Growing Strong

Apr 23, 2013

Share |

With the rising demand of energy sources and increasing efforts to curb pollution, the world is eyeing natural gas as the preferred fuel for the future. Trading of natural gas in the form of LNG is a big business as some countries, especially in the Asia-Pacific region, have huge demand but less resources of natural gas. According to "Asia Pacific LNG Market Outlook 2020", a recent report by RNCOS, LNG demand in Asia-Pacific is expected to grow at a CAGR of around 4.5% during 2011-2020.

The market for LNG has been growing at a fast pace for the past few years on the back of factors like, environmental concerns, high energy demand, government support, and huge investments. The world is witnessing a significant level of development in the LNG trade with imports and exports of LNG forming a vital part of countries' relationships with each other. Especially, the Asia-Pacific countries, due to greater economic growth, are pushing themselves to develop and enhance the natural gas and LNG industry.

Research Analysis & Highlights

The report, "Asia Pacific LNG Market Outlook 2020", by RNCOS spread over in 85 pages provides detailed analysis of the Asia-Pacific LNG Industry. The report identified major LNG import and export markets of Asia-Pacific region and provides their current demand/supply and future forecasts till 2020.

Besides, the research also incorporates countries' existing, under construction and under planning LNG production and receiving plants. Countries' LNG supply and receiving contracts are also listed in the report. In order to provide a complete snapshot of the industry, we have also identified trends that are prevalent in the industry. Lastly, the research includes competitive landscape with a focus on key players' business description, financials and recent developments.

Some of the report's key highlights include:

             - Asia Pacific represents more than 60% of the world LNG demand
             - Japan is the biggest LNG importer of Asia-Pacific
             - Australia will outpace Malaysia and Indonesia in LNG supply
             - China is the fastest growing LNG market in Asia Pacific

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM480.htm

Some of our Related Reports are:

             - Indian Natural Gas Sector Analysis
             - Russian LNG Market Analysis
             - Global LNG Market Analysis

Check Related REPORTS on: http://www.rncos.com/energyutility.htm


Media Citation

get in touch

Please fill-in the information below.