News from IIR members: Total
Total is the world's fourth-largest listed producer of natural gas and one of its top three liquefied natural gas suppliers and has published recent statistics on LNG. Consumption has been growing almost 3% a year for more than 30 years. According to the International Energy Agency, the natural-gas market may grow by more than 50% by 2030. Known reserves are currently around 180 trillion m3 and should cover 60 years of consumption at the current rate of demand. Liquefied natural gas (LNG) shipped by LNG carrier is the most efficient way to unlock the value of large reserves discovered far from major consumer areas. www.total.com features an educational computer animation on the oil and gas chain.