The most interesting data point at the source: EGYPT will overtake India in demand growth.
Economic growth:
- Area A: fairly stagnant compared to rest of world
- Area B: economic growth driven by China
- Area C: economic growth driven by India
- Area D: this entire segment is "northwest Europe" -- economic stagnation (maybe even "decline") relative to rest of world
- Area E: driven by mandate for ships to switch to "clean fuel"
Miscellaneous:
- look at the x-axis: from 100 to 450 -- that's huge -- only 30 years on the y-axis
- LNG imports doubled in the most recent decade, 2000 - 2010, from 100 to 200, majority in western world, and China
- Area C will be the big driver for the next two decades (think India, Indonesia, Malaysia)
- it looks like the world, based on LNG, is being divided into three regions:
- the west + China: Area B
- the Far East (excluding China): Area A
- the Near East and the Indian subcontinent: Area C
Other sites:
Turkey: it seems that Turkey is completed dependent on foreign LNG, mostly Russian:
Turkey: from Reuters, February 22, 2017:
Turkey must increase its energy production from domestic sources to above 50 percent this year and above two thirds within a decade, Energy Minister Berat Albayrak said on Wednesday at an industry event.
Turkey is largely dependent on imports for its energy needs.
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