JAPANESE OIL AND GAS GROUP INPEX SEES LNG SUPPLY SHORTFALL IN ASIA IN 2035
- NEWS Desk Global
- 1 hour ago
- 1 min read
Inpex, Japan's biggest oil and gas producer, expects global demand for liquefied natural gas to grow by 75% to some 700 million metric tonnes annually in 2035, potentially resulting in a supply shortfall in the Pacific coastal region, including Asia.
Inpex, which runs the Ichthys LNG project in Australia and develops the Abadi LNG facility in Indonesia, expects global LNG demand to increase from the current level of 400 million tons per year driven by the needs of the Asia-Oceania region.
