Producers talk up gas demand growth

Affordability and increasing flexibility could underpin double-digit growth, say bullish developers of supply

Demand for gas and LNG is set to continue its double-digit growth—with buyers being attracted by a combination of availability, affordability, flexibility and environmental benefits—producers of the fuel told the Gastech conference in Houston this week. "The industry systematically underestimates demand," says Meg Gentle, president and CEO of US LNG export project developer Tellurian. She is "astonished" the market anticipates 4-5pc pa growth when there has been double-digit increases for each of the last three years. "Year-to-date we've increased the market size by 14pc," she says. "Demand is much more robust than [the industry is] anticipating. In spite of challenges there are opportunitie