October 12th 2014 marks an important milestone in the history of the LNG industry: since the Methane Princess delivered the world’s first commercial LNG cargo to the UK’s Canvey Island regasification terminal on 12th October 1964.
The sector has mushroomed from this single trade between Algeria and the UK to over 400 trade routes involving 45 countries.
Now a major part of the global energy industry, Wood Mackenzie believes LNG will remain one of the fastest growing commodities for the next five decades.
WoodMac’s LNG research team has compiled a special infographic using the proprietary data which maps out the first 50 years of the LNG industry.
Source: Wood Mackenzie