LNG: Oversupply, Low Prices, Contract Flexibility Ahead, Poten Exec Says

摘要

Global liquefied natural gas (LNG) buyers clearly have the upper hand as even more supply is slated to enter a glutted market in the coming years. As smaller countries enter the LNG-consuming ranks, sellers will need to accommodate their particular needs while adapting to new demands from their traditional clientele. The weak market for LNG is setting the industry up for “sort of a commodity-style investment cycle” that hasn’t really been seen before in the industry, Poten & Partners’ Jason Feer, head of business intelligence, said in Houston Wednesday. It used to be that supply was developed more or less in step with demand.