India and China To Boost LNG Demand in 2010
Incessant rising energy demand from emerging markets, especially China and India, will boost the global LNG industry in coming year.
(EMAILWIRE.COM, October 29, 2009 ) New Delhi, India – RNCOS has recently published a research report “Global LNG Market Analysis” which states that the global LNG market is expected to grow at robust pace in coming years on rising demand from both developed and developing countries. Statistics show that 2008 financial crisis has failed to make any major impact on LNG demand since countries worldwide have understood the significance of incorporating LNG in their energy bag in view of growing environmental concerns and depleting traditional energy resources. Thus, the global LNG demand is projected to grow at a CAGR of around 5% during 2009-2030. Read more