Editorial Comment

A. Blume, Editor The continued expansion of natural gas trade is led primarily by growth in the LNG sector, which has tripled over the past 3 yr. The share of LNG volumes traded on a spot and short-term basis has increased to 32% from 27%, signaling greater liquidity in the LNG market.  A total LNG export capacity of 406 MMtpy is in place in 20 countries around the world. Around 66 MMtpy of new liquefaction capacity is under construction as of early 2019. Approximately 25 MMtpy of new liquefaction capacity is expected to come online in 2019, of which 21 MMtpy will start up in the US. Conversely, LNG regasification capacity totals approximately 868 MMtpy in 42 countries. Eight new floating