lNg market at turning point in 2020

摘要

An oversupplied LNG market could combine with political challenges to shape the future of the industry this year. Liquefaction capacity increases in Australia, Russia and the US have out- paced demand growth in recent months, resulting in a supply glut and a drop in global gas prices. The start-up of new export facilities over the coming months is expected to continue to far outstrip import capacity increases, exacerbating the imbalance of supply relative to demand.