The 2016 World LNG Report, a flagship publication of IGU first published in 2010 provides key insights into LNG industry developments through the end of calendar year 2015. Natural gas accounts for roughly a quarter of global energy demand, of which 9.8% is supplied as LNG. The LNG industry has developed to a point where the necessary foundations have been built to turn natural gas into a truly global commodity, enhancing both energy security and meeting growing demand.
A major expansion of LNG supply through 2020 positions LNG to further increase its market share and play a key role in expanding access to natural gas as a critical part of the world’s future energy mix. Natural gas is a vital energy resource that can help lead us to a lower carbon future, cleaner air in metropolitan areas, and a prosperous economic future.