LNG Industry Debates Majors’ Growing Control Over Supply

摘要

The consolidation of more and more LNG supplies in the hands of oil majors and a handful of trading houses risks raising barriers of entry for smaller players and could make LNG costlier for consumer buyers, market participants say. The trend toward majors and big trading houses enhances capital efficiency and helps the LNG industry advance projects toward final investment decisions, but there is potential downside, too, sources at recent industry conferences in Singapore have pointed out.