Since the Methane Princess delivered the world’s first commercial liquefied natural gas (LNG) cargo to the UK’s Canvey Island regasification terminal on 12 October 1964, momentum has continued to build.
Fifty years later, the sector has mushroomed from this single trade between Algeria and the UK to over 400 trade routes involving 45 countries. Now a major part of the global energy industry, we believe LNG will remain one of the fastest growing commodities for the next five decades.
Wood Mackenzie has drawn upon our extensive LNG database and the knowledge of it’s expert research professionals to illustrate the rise of LNG and celebrate this significant landmark.
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