Liquefied natural gas (LNG) is to supplant pipelines as the most common form of shipping natural gas across borders. Although pipelines had accounted for the majority of natural gas transportation since 2000, by 2035, LNG trade volumes are forecast to reach 760 billion cubic meters. This would be 20 billion cubic meters more than the amount transported via pipelines. The gap is expected to widen until 2050, when LNG trade is forecast to reach 1.1 trillion cubic meters.
Natural gas trade via pipeline and LNG shipping worldwide from 2000 to 2019, with a forecast until 2050
(in billion cubic meters)
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GECF. (February 24, 2021). Natural gas trade via pipeline and LNG shipping worldwide from 2000 to 2019, with a forecast until 2050 (in billion cubic meters) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1165885/global-natural-gas-trade-by-flow-type/
GECF. "Natural gas trade via pipeline and LNG shipping worldwide from 2000 to 2019, with a forecast until 2050 (in billion cubic meters)." Chart. February 24, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1165885/global-natural-gas-trade-by-flow-type/
GECF. (2021). Natural gas trade via pipeline and LNG shipping worldwide from 2000 to 2019, with a forecast until 2050 (in billion cubic meters). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1165885/global-natural-gas-trade-by-flow-type/
GECF. "Natural Gas Trade via Pipeline and Lng Shipping Worldwide from 2000 to 2019, with a Forecast until 2050 (in Billion Cubic Meters)." Statista, Statista Inc., 24 Feb 2021, https://www.statista.com/statistics/1165885/global-natural-gas-trade-by-flow-type/
GECF, Natural gas trade via pipeline and LNG shipping worldwide from 2000 to 2019, with a forecast until 2050 (in billion cubic meters) Statista, https://www.statista.com/statistics/1165885/global-natural-gas-trade-by-flow-type/ (last visited November 21, 2024)
Natural gas trade via pipeline and LNG shipping worldwide from 2000 to 2019, with a forecast until 2050 (in billion cubic meters) [Graph], GECF, February 24, 2021. [Online]. Available: https://www.statista.com/statistics/1165885/global-natural-gas-trade-by-flow-type/