consumer. In 2004, LNG accounted for 7 percent of the world's natural gas demand. The global trade in LNG, which has increased at a rate of 7.4 percent per year over the decade from 1995 to 2005, is expected to continue to grow substantially. LNG trade is expected to increase at 6.7 percent per year from 2005 to 2020. Until the mid-1990s, LNG demand was heavily concentrated in Northeast Asia: Japan, South Korea and Taiwan. At the same time, Pacific Basin supplies dominated world LNG trade. The worldwide interest in using natural gas-fired combined cycle generating units for electric power generation, coupled with the inability of North American and North Sea natural gas supplies to meet the growing demand, substantially broadened the regional markets for LNG. It also brought new Atlantic Basin and Middle East suppliers into the trade. By the end of 2017, there were 19 LNG exporting countries and 40 LNG importing countries. The three biggest LNG exporters in 2017 were Qatar (77.5 MT), Australia (55.6 MT) and Malaysia (26.9 MT). The three biggest LNG importers in 2017 were Japan (83.5 MT), China (39 MT) and South Korea (37.8 MT). LNG trade volumes increased from 142 MT in 2005 to 159 MT in 2006, 165 MT in 2007, 171 MT in 2008, 220 MT in 2010, 237 MT in 2013, 264 MT in 2016 and 290 MT in 2017. Global LNG production was 246 MT in 2014, most of which was used in trade between countries. During the next several years there would be significant increase in volume of LNG Trade. For example, about 59 MTPA of new LNG supply from six new plants came to market just in 2009, including: Northwest Shelf Train 5: 4.4 MTPA Sakhalin-II: 9.6 MTPA Yemen LNG: 6.7 MTPA Tangguh: 7.6 MTPA Qatargas: 15.6 MTPA Rasgas Qatar: 15.6 MTPA In 2006, Qatar became the world's biggest exporter of LNG. As of 2012, Qatar is the source of 25 percent of the world's LNG exports. As of 2017, Qatar was estimated to supply 26.7% of the world's LNG. Investments in U.S. export facilities were increasing by 2013, these investments were spurred by increasing shale gas production in the United States and a large price differential between natural gas prices in the U.S. and those in Europe and Asia. Cheniere Energy became the first company in the United States to receive permission and export LNG