Natural gas production from Indonesia’s legacy fields supplying major liquefied natural gas (LNG) plants is declining through 2030. Gas supply may pick up from 2026 but this depends on the progression of two announced mega natural gas and LNG projects – Gendalo-Gehem and Abadi, says GlobalData, a leading data and analytics company.

Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published today – a significant increase that bolsters LNG’s growing role in the transition to a lower-carbon energy system.

Brazil’s natural gas demand is set to climb to a record in 2020‒2021 at 39 billion cubic meters (bcm) per year, giving the country one of its biggest demand-supply deficits in history. After that, however, surging production could make the country a net gas exporter from as early as 2025, a Rystad Energy analysis showed.

Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com

 

Search