The global LNG supply is poised for its largest expansion on record, driven by the United States and Qatar. However, this growth may be hindered by the dominance of Asian shipbuilding, particularly in South Korea and China, according to a recent report.
A key factor in this potential slowdown is the fact that most of the ships needed to transport the fuel are being built in these Asian nations. This could limit the capacity for new LNG projects to come online, impacting the overall growth of the global LNG market.