LNG vs. Blue Ammonia in Future! Wood Mackenzie’s Report
Here’s an article posted in Ing Industry.
According to the article,
- Demand for LNG is expected to grow by just under 70% over the next 25 years to reach 700 t/y by 2050. But neither growth nor revenue is locked in for LNG.
- Blue ammonia can be viewed as further industrial diversification, with potentially better returns.
- There are only a limited number of ammonia off-takers right now, but this list will grow fast.