Gas Demand to Get Boost as Supply Surge Sends Prices Lower


China, India, Brazil, South Korea and Australia will lead the world in gas demand growth, with consumption rising in each country between 2.3 percent and 4.8 percent a year until 2040, according to the report. Consumption in Japan, the world’s biggest importer of LNG, will contract 0.3 percent a year over the period as nuclear reactors are reactivated and renewable sources are exploited.

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