Into 2022, the global underlying demand for LNG is expected to rise 3% to 396 million tons as robust consumption in China’s industrial and residential sectors, alongside other high-growth markets, counteract declining gas generation mix in mature buying regions, such as Japan. Loaded volumes are expected to rise to 402.3 million tons, driven by new production capacity and repairs to existing plants.
Reliability issues and a cyclical decline in capacity additions have constrained the ability of LNG producers to respond to a demand rebound driven by robust recovery from the coronavirus pandemic and the need to refill Europe's depleted gas stocks after a protracted winter.
Strong demand from Asian markets and a strong draw to refill diminished European stocks are expected to lay the foundations for the USA production to rise 11.3% year on year to 79.8 million tons, exceeding levels in Australia (77.8 million t) and Qatar (77.4 million t), temporarily placing it as the world's largest LNG producer.
OVERVIEW
The overall picture is that due to the high demand for LNG globally, especially in Asia and Europe, the USA is set to be the biggest supplier of LNG in the world, making it the fastest growing market.
The event will focus on the commercialisation and technological developments impacting the entire US LNG value chain. The 7th Annual LNG Summit USA will address the key issues by delivering insightful presentations from leading experts and stakeholders from the energy, gas, and maritime industries across the USA with a focus on the crucial role of technology to increase production capacity to meet demand.
The event will feature interactive panel discussions, practical sessions, and excellent networking opportunities. This collaborative format will allow the attendees to walk away with invaluable insights and practical takeaways.
WHY ATTEND
BRAND VISIBILITY AND RECOGNITION
Utilise our existing network of professionals in the industry, by positioning your brand and sharing your expertise in front of engaged prospects and potential clients. Focus on the subject matter relevant to you and your objectives.
THOUGHT LEADERSHIP
Position and associate yourself and your organization among the most influential voices in the industry. Open a direct communication line with senior-level stakeholders and share your message in our annual recurring series.
NETWORKING
One-to-one Meeting and Networking Service: Connect with industry leaders in-person, schedule meetings ahead of time, and get valuable time with decision makers.
💡 SPECIAL OFFER
Use code INDUSTRYEVENTS10 to receive 10% off the ticket price!