HOW LNG PLAYERS VALUE THEIR PORTFOLIOS then Decide Next Steps

摘要

In the past four years, demand for global liquefied natural gas (LNG) has grown at a double-digit pace. That's about 10 per cent/year. The LNG market's commercial evolution has accelerated in parallel, driven by new and more flexible sources of supply, on one side, and less passive buyers on the other. According to David Stokes and Oliver Spinks, co-managing directors of Timera Energy (a company that provides senior consulting expertise on investment, value management and market analysis in European power and gas markets and the global LNG market), market development has been supported by new players, improved liquidity, and a transition to shorter, more flexible contracts. "As the market matures," they claim, "substantial value creation opportunities are emerging."