Global LNG Production Capacity Expected to Reach 950 Million Tons in 10 Years

Global LNG Production Capacity Expected to Reach 950 Million Tons in 10 Years

Baker Hughes CEO Lorenzo Simonelli predicts that global liquefied natural gas (LNG) production capacity will rise to 950 million tons annually by 2035. In an interview with Bloomberg News, Simonelli shared his expectations regarding global LNG production capacity. In the interview, Simonelli stated that increasing demand for LNG and the launch of new projects are expected to raise annual production capacity to 950 million tons by 2035. He noted …