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LNG Supply Glut To Depress Prices For Years To Come
...kely price recovery. The IEA forecasts the US gas production will “remain relatively flat across 2015 and 2017,” with the fact “that it did not decline meaningfully in 2015 despite low oil and gas prices evidence of the remarkable technology and financial resilience of the US gas industry.” Po...
Volume: 59Issue: 24Published at Fri, 17 Jun 2016 -
LNG Market Faces Considerable Demand Upside Amid Low Prices
...pected to hit the market by 2017, adding to global current capacity of 301mn tons. Extra volumes are expected to come from the US, East Africa, Russia and Southeast Asia (see graph). However, lower oil prices are jeopardizing the economic viability of some proposed projects, which could result in ca...
Volume: 58Issue: 24Published at Fri, 12 Jun 2015 -
Analysis: Changes Ahead For Gulf LNG Importers And Producers
...stream and entering the Asia-Pacific market – a whopping 61.8mn t/y under construction is due onstream by 2017, although slippage is likely – and the possibility of mainland Europe switching to a gas pricing model indexed to (currently far lower) US domestic ‘Henry Hub’ prices and/or the UK’s National Ba...
Volume: 56Issue: 24Published at Fri, 14 Jun 2013