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IHS: the Chinese market will be the key to global LNG growth
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- Time of issue:2020-03-31 14:57
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IHS: the Chinese market will be the key to global LNG growth
- Categories:Industry News
- Author:
- Origin:
- Time of issue:2020-03-31 14:57
- Views:
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June 3, on the 26th World Gas Conference, IHS energy released a research report showed that natural gas and LNG as transportation fuel will increase significantly, the Chinese market will become the key to the sustained growth of global LNG market. IHS vice chairman, well-known energy expert Daniel Yergin attended the report conference.
The report, entitled "LNG transportation: shake the oil status", said that by 2030, natural gas as the transport fuel will replace oil demand for more than 1500000 barrels a day. The report shows that the global truck oil consumption and small car consumption is almost the same, however, trucks use other fuels to save some of the. And the truck replacement is faster, the application of new technology is faster. IHS forecast 2030, truck gas demand will reach 81000000000 cubic meters per year, including LNG and compressed natural gas. By then, the ship will also add 1700000000 cubic meters of LNG demand.
The report studies the impact of low oil prices on gas use.. Low oil prices in the short term will reduce the use of natural gas, but in the long run is not the case. China as a LNG car has a large country, the annual order is still a substantial growth, the Chinese market will become the key to the global LNG continued to grow.
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