Industry Trend Analysis - 2018 The Tipping Point For LNG - NOV 2017
In this LNG special report, we address the key trends playing out in the sector over the five years to 2021.
Supply continues to grow rapidly, with growth set to peak in 2018, led by large capacity additions in Australia and the US and reduced outages amongst legacy producers.
Demand is also set for rapid growth, driven up by the emerging Asia and MENA regions. However, global demand growth will be unable to keep pace with supply and a rising glut in the market will drive down spot LNG prices over 2018 and 2019.
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