Gas Demand to Get Boost as Supply Surge Sends Prices Lower

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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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