Bid & Tender

LNG: Supply, Demand, Pricing and Trading

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: Sep 12, 2023 - Sep 20, 2023

: On line,Singapore


Description :

The LNG business is changing in response to the impact of the Covid-19 crisis, Russia’s invasion of Ukraine and energy transition. As the world economy recovers from Covid-19, the demand for natural gas and LNG is growing but delays in taking a Final Investment Decision (FID) on new liquefaction projects and in the progress of capacity under construction since 2020 has slowed the expected increase in supply over the next 3 or 4 years. Russia’s invasion of Ukraine has boosted LNG demand as Europe turns to LNG replace the reduction in pipeline gas supply from Russia, which had been the region’s largest sources of natural gas imports. In the longer-term, energy transition is putting pressure on all parts of the LNG chain to reduce emissions and is leaving buyers of LNG uncertain whether to enter into new long-term contracts, which in many cases requires the commitment to supply well into the 2040s when many countries will be moving to net-zero emissions if they are to meet targets they are setting. 
 

: Ms Esther Wong

: esther@infocusinternational.com

www.infocusinternational.com/lng-online