According to an IHS Markit report, the United States and mainland China, the world’s largest economies, are set to become the biggest export and import markets for liquefied natural gas (LNG) this year.
“A new map of LNG is taking shape as 2021 became the year of rapid recovery, making the oversupply and price lows of 2020 seem like a distant memory,” Michael Stoppard, IHS Markit chief strategist for global gas, said. “It is a tale of two markets with China fueling the demand surge as the world’s top importer and the United States, poised to become the world’s leading […]
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