Global LNG trade up 8% in 2007
Wednesday, March 19 - 2008 at 14:40
A new report by US consultant Facts Global Energy has found that global trading of liquefied natural gas rose 8% last year due to cold winter temperatures and the closure of nuclear plants in Japan, reported Bloomberg. Supplies of LNG rose to 172.5 million metric tons from 159.5 million tons a year earlier. The US and Mexico together purchased 42% more LNG last year at 18.2 million tons, while Asia grew 10% to 112.2 million tons. Supplies to Europe fell by 6% to 41 million tons.
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Jeff Florian, Senior ReporterWednesday, March 19 - 2008 at 14:40 UAE local time (GMT+4)
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