BTJ 1/17 - To LNG or not to LNG. Supply-demand outlook for Liquefied Natural Gas
Publication date: 2017-04-20
Natural gas is a triple-A resource - it is abundant, available, and affordable.
Its carbon emissions are about half those of coal, being at the same time cheaper than renewables to boot. The sharp rise in production of gas from shale rock formations in the United States has led to a supply boom, fuelling in turn export capacity investments. However, experts agree that the very same triple-As have led to an LNG supply glut.
Producers are already seeing an unfavourable supply-demand relation, and they are likely to face even more challenges in the coming years.
To LNG or not to LNG, by Katarzyna Chmielewska