Global Oil & Gas: “The Global LNG Market” – GGP report

lngInternational trade in natural gas dates back to the middle of the 20th century, and the globalization of the gas market began in the 1960s. Large-scale investments were initiated then, involving two parallel distribution channels: export and import gas pipelines, and LNG terminals. The discovery of new sources of natural gas, often in regions far away from the main routes of natural gas supply via pipelines, plus the development of sea transport of LNG, led to dynamic development of the market.

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