Americas > World could add 40% new LNG capacity before decade’s end, report says

World could add 40% new LNG capacity before decade’s end, report says

Published 10:53 on April 26, 2024  /  Last updated at 10:53 on April 26, 2024  / Helen Clark /  Americas, Asia Pacific, Australia, China, EMEA, International

The world’s long-term supply of LNG may well outstrip demand and markets may tip into oversupply in just two years, according to a report published this week, adding to concerns over the fossil fuel industry's ability to reduce carbon emissions in line with global targets.
The world’s long-term supply of LNG may well outstrip demand and markets may tip into oversupply in just two years, according to a report published this week, adding to concerns over the fossil fuel industry's ability to reduce carbon emissions in line with global targets.


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