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    EurActiv: Europe’s LNG Imports Set to Double by 2020, IEA Says

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Summary

Europe will double its LNG imports by 2020, the International Energy Agency's new report says, while global exports of the fuel source will rise by 40%

by: Erica Mills

Posted in:

Press Notes

EurActiv: Europe’s LNG Imports Set to Double by 2020, IEA Says

Europe is set to become a major importer for Liquefied Natural Gas (LNG) as markets prepare for a flood of new supplies coming from Australia and the US, the International Energy Agency (IEA) said in its annual Medium-Term Gas Market Report.

The report, published on Thursday (4 June), projects a 40% rise in global LNG export capacity by 2020, 90% of which is expected to come from Australia and the United States.

Read the full article HERE.