LNG Market - Passing Trend or Effective Solution During EnergyTransition - Global Market Forecast for 2020-2030

摘要

LNG shipments are nothing new in the face of technology. The first tanker shipment of LNG took placefrom Lake Charles, LA bound for Canvey Island in the UK in 1958 aboard the experimental vessel, theMethane Pioneer. So, why do people focus on this subject so much since mid 2000's? One of the key factorsis technology, that reduced costs of LNG trades. More and more countries see that as a chance to diversifytheir imports. In 2023 Poland wants to cover over 35% of annual consumption with 7,5 bln cubic metersin LNG shipments. With this strategy there is a big chance for Poland to stop being dependent to Russia in2023. Main forces that drive the interest for LNG shipments are: The growing concern for traditional supplies in the face of growing consumption, The effects of technology on cost reduction making previously uneconomic trades attractive, Environmental concerns, in some countries gas will replace coal in energy mix, Increasing liquidity in the global gas market, LNG trade gives new opportunities for both seller and buyer. It enables importing markets to shift tradingdirections thus gain energy independence as well as avoid supply shortages. Liberalization of market - influencing changes in contracts align with spot transactions drain the prices,making LNG even more attractive. On the other hand, the sellers experience completely new tradingopportunities. Companies are able to engage in markets that were previously unavailable and escape adversestockpile abundance.