Global LNG demand ‘to reach 400m tonnes by 2020’

Demand for Liquified Natural Gas (LNG) is expected to reach 400 million tonnes by 2020. That’s according to a new report which claims lower than expected demand growth rates and the start of new projects are forcing the shift in global liquefied natural gas market (LNG). It expects global LNG demand to increase from 238.2 million tonnes […]

IEA cuts 2015 global oil demand forecast

The International Energy Agency (IEA) has trimmed global oil demand growth for the rest of the year and 2015, calling the recent slowdown in demand “nothing short of remarkable”. Its latest Oil Market Report expects global demand to rise by 0.9 million barrels per day (mb/d) this year – 65,000 b/d less than previously predicted […]