LNG market expected to reach profit of another $17 billion

Acumen Research and Consulting (ARC), a provider of intelligence services for companies, concluded based on a detailed report that the liquefied natural gas (LNG) market is likely to reach a profit of US$ 17.5 billion by 2026. That's because the rapid depletion of fuels and the growing demand for clean techniques will increasingly boost the Market.

According to the International Energy Agency (IEA, the acronym in increased by 4.6% in the world's supply of natural gas in 2018 in 2018 in 2017. This factor is a proof that the LNG sector will have a strong development due to the growing demand for natural gas, mainly in high-end areas of including Asia Pacific and the Middle East. 

Finally, it was seen that the main companies that work operate in the global market are Höegh LNG, Woodside Petroleum, Golar LNG, Exmar, Ophir Energy, Excelerate Energy, Mitsui OSK Lines, Eni, Petronas, Royal Dutch Shell and Noble Energy.

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