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Asian LNG demand to reach 510 mmtpa during 2024-50, driven by emerging Asian markets

Wood Mackenzie anticipates strong growth in Asian LNG demand and opines that lower US volumes will drive prices upwards thereby eroding gas demand in emerging Asia US policy relating to the current pause on non-FTA approvals is partly guided by assumptions on higher renewables being built in Asia, based on IEA forecasts, but could prove detrimental and erode Asian gas […]

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