Presenting at Gastech 2011 in Amsterdam, Wood Mackenzie, U.K., said it expects that around 150 million tonnes of new LNG capacity will need to be sanctioned over the next ten years to meet growing demand for gas, which will require supply from discovered conventional resources, unconventional gas, and yet to be discovered or appraised gas.  

Andrew Pearson, Head of LNG Research for Wood Mackenzie told the audience: “Multiple new LNG supply projects have been commissioned in recent years and further new capacity has been sanctioned, which will largely meet ...