Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Saturday, December 29, 2012

Asia Quickly Dominating LNG Tanker Market

Asia Quickly Dominating LNG Tanker Market

No less an authority than the U.S. Energy Information Administration is bullish on the future of natural gas, writing, “natural gas is the world's fastest-growing fossil fuel, with consumption increasing at an average rate of 1.6 percent per year from 2008 to 2035. Growth in consumption occurs in every International Economic Organization region and is most concentrated in non- Organization for Economic Cooperation and Development countries, where demand increases nearly three times as fast as in OECD countries. Increases in production in…Read more...http://oilprice.com/Energy/Natural-Gas/Asia-Quickly-Dominating-LNG-Tanker-Market.html

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