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LNG Will Be The Future Growth Trend

In fact, LNG trade has more than doubled in the past 15 years. Consumption of LNG is increasing [at a compounded annual growth rate (CAGR) of 4.9 percent] more rapidly than the consumption of pipeline gas (CAGR of 3.6 percent). This growth is due to falling investment costs for liquefaction, shipping, and regasification. The cost …

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