GIIGNL logs another bumper growth year for LNG in 2018

LNG imports grew 8.3% year-on-year in 2018 to reach 314 million tonnes — the third largest annual increase seen after those recorded in 2010 and 2017.

In its 2019 annual report on the state of the LNG industry, the International Group of LNG Importers (GIIGNL) said China and South Korea continued to absorb new supply while additional volumes from Australia, the US and Russia contributed to increase market flexibility