Report says covering LNG needs will cost over USD 400 billion

Growth in demand for liquefied natural gas is booming to the degree that massive sums are necessary to meet future needs, analyst firm McKinsey estimates in a new report.

LNG demand will create plenty of opportunity to fill up tanks over the next many years – like at this ExxonMobil storage facility in Papua New Guinea – as confirmed by a new McKinsey report. Photo: David Gray/Reuters/Ritzau Scanpix

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