Woodside predicts 15 years of strong LNG demand

Woodside Petroleum says the liquefied natural gas (LNG) market will remain robust for atlist of jaw crusher tph and size least the next 15 years, underpinned by global population growth and improving standards of living, especially in the Asia Pacific region.

The worldwide LNG market is expected to grow from about 210 million tonnes produced in 2010 to demand of between 390 and 460 million tonnes per annum by 2025, chairman Michael Chaney told the oil and gas producer's annual general meeting in Perth today. "While the markets of Japan and South Korea will continue to be the core of the region's LNG market, growth will come from China, Taiwan and India and new entrants such as Singapore, Thailand and Viet Nam," Mr Chaney said...