Wood Mackenzie

Wood Mackenzie: 2019 to be record year for LNG project sanction

Despite a rebalancing global liquefied natural gas (LNG) market, 2019 will be a record year for LNG project sanction, with in excess of 60 million metric tons per annum (mmtpa) of capacity likely to take final investment decision (FID), well above the previous 45 mmtpa sanctioned in 2005 and a tripling of the 21 mmtpa sanctioned in 2018, Trend reports citing Wood Mackenzie research and consulting company.
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