The global LNG market for 2015 is set to grow between 2.1% to 2.5% in 2015 according to the latest forecasts from CEDIGAZ.
Compared to the previous year, the first quarter of 2015 showed changing dynamics – with the second quarter confirming this trend.
The Asian market remained soft, with lower demand and increased output in the Pacific Basin. European net imports grew, during this period, as gross imports increased and re-exports collapsed – with emerging players integrated in the market.
Interestingly, their data indicates the rush for LNG in the United States is coming to an end.
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