Record LNG Wave Will Breed Long-Term Demand, Says Adnoc Gas CEO

A looming surge in liquefied natural gas supply through the end of the decade is poised to create demand that won’t go away, said an Adnoc Gas executive.

Prices of the super-chilled fuel are widely expected to drop as a number of LNG projects go online in the coming years, including Abu Dhabi National Oil Co.’s plant at Ruwais that will more than double the company’s export capacity.