IGU: LNG trade hit record level in 2016

The International Gas Union (IGU) has revealed LNG trading reached record levels in 2016.

Business increased 5%, the third consecutive year of growth, the trade body said in its 2017 World LNG Report.

There was "significant growth in LNG supply projects, as well as increases in demand for LNG as a fuel from new and existing markets across the globe,"it added.