LNG Export Markets
Global demand for natural gas is continuing to increase as economies in both developed and emerging countries continue to grow. Areas such as Europe, India, China and Asia are leading the overall future demand for LNG, as they convert to cleaner and more cost competitive energy sources to fuel their economy.
According to the International Energy Agency (IEA), global demand for energy is expected to rise by 40% by 2035. This includes a 55% increase in demand for natural gas. Goldboro LNG is well positioned to meet the demand.
Goldboro LNG will be the East Coast of Canada and the United States’ closest mainland LNG export terminal to Europe and India. Its location, Goldboro, Nova Scotia, provides substantial advantages for transporting LNG to key markets.