Supply will shift towards Atlantic market because over a longer-term, demand in Atlantic market grew at a faster pace as compared to Asia-Pacific market during 1995 - 2004.
The delays in most of the liquefaction projects might lead to a reduction in the market share, as the prices for LNG will reduce. A compression of the gestation gap might help.
Supply demand imbalance of natural gas will drive the future growth of LNG industry in European region. Spain and Italy are expected to be the major potential markets for the LNG importing nations.
The report provides research and analysis on LNG Market. As per the report, Japan remains the largest importer of LNG in the world but is showing growth retardation.
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