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LNG Supply Glut To Depress Prices For Years To Come
...Global LNG export capacity rose by 45% between 2011 and 2015 with 90% of this coming from the US and Australia. The “massive expansion” of Australian and latterly US export capacity, particularly since 2014 “just as demand slows” means “global gas prices are set to stay under pressure” for th...
Volume: 59Issue: 24Published at Fri, 17 Jun 2016 -
LNG Market Faces Considerable Demand Upside Amid Low Prices
...is month for more LNG shipments via its floating storage and regasification unit at the Red Sea port of Ain Sukhna (MEES, 29 May). While the Damietta LNG plant was closed at the end of 2012, only six LNG cargoes were exported in 2014 from Egyptian LNG causing volumes to collapse to 0.33mn tons. Th...
Volume: 58Issue: 24Published at Fri, 12 Jun 2015 -
IEA Sees $735Bn Investment In Evolving LNG Market Through 2035
...oject anywhere in the world which cannot pass this test needs to be reexamined or postponed.” Market Outlook The gas market will see gradual changes through 2035, as high costs will make some projects unviable from investor, as well as buyer perspective. The IEA’s Medium-Term Gas Market Report 2014...
Volume: 57Issue: 24Published at Fri, 13 Jun 2014