The outlook for LNG trade is positive as global
consumption is set to increase in view of:
(a) Surging production and exports in the United
States;
(b) New gas finds worldwide (for example, Cyprus,
Israel, Mozambique and the United Republic of
Tanzania);
(c) The projected growth in Asian LNG imports
sustained, in particular, by China’s strategic
commitment to promote gas use;
(d) The decline in nuclear power use;
(e) The attractiveness of gas as a “greener”
alternative to other fossil fuels.