LNG market poised for ‘rapid evolution’, IGU says

Fleet growth outstripped voyages in 2024 with huge haul of newbuilding deliveries looming

IGU president Li Yalan says the LNG industry is poised to evolve rapidly but is fraught with uncertainty. — IGU president Li Yalan says the LNG industry is poised to evolve rapidly but is fraught with uncertainty.Photo: Rodney Cox/IGU

Lucy Hine

TradeWinds correspondentLondon

Published 22 May 2025, 11:08Updated 22 May 2025, 11:28

LNG International Gas Union Li Yalan LNG carriers FSRUs