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IEA sees US as top LNG producer by 2022

International Energy Agency issued a report on a five-year analysis on natural gas, revealing that US will account for 40% of the world’s extra gas production to 2022, thanks to the remarkable growth in domestic shale industry. IEA estimates that the country will challenge Australia and Qatar for global leadership among LNG exporters.

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IEA moves to enhance global gas security

While the rise of the liquefied natural gas market has accelerated the globalization of natural gas, the energy security implications of this transformation have attracted much less attention. Through an extensive analysis of global gas data, the International Energy Agency has issued report which seeks to provide more transparency into the LNG market.

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