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Panorama 2006

LNG: A Commodity in the Making

Although still far from being a commodity, LNG is undoubtedly emerging as an essential vector for world gas expansion. The flexibility it procures in terms of supply is of prime importance for future market equilibrium. Despite a number of uncertainties and constraints liable to thwart the realisation of the most optimistic growth prospects, the LNG trade remains wedded to rapid growth of about 7%/year by 2020, boosting its share of world gas trade to some 38% by that horizon.


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