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BP sees global LNG trade doubling by 2040

BP 2019 Energy Outlook expects global trades of liquefied natural gas could more than double between 2017 and 2040 with exports to increase significantly, led by US and Qatar, fostering a more competitive and globally integrated market

Global LNG trades are forecast to grow to 900bn cu m by 2040 from 400bn cu m in 2017, according to BP Energy Outlook 2019’s Evolving Transition scenario

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