LNG accounts 45% of natural gas trade today and is expanding rapidly: the market is expected to more than double by 2040. New importers and exporters have emerged, and new uses and technologies are fostering the development of LNG facilities and routes. Moreover, geopolitical factors remain a key driver, as LNG plays an important part in energy security strategies, while many main LNG producing regions and routes are experiencing instability.

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According to the German Environment Agency (UBA), Germany will not meet its climate targets for 2030.



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