Friday, March 8, 2019
LNG investment outlook.
Spot prices of liquefied natural gas (LNG) have fallen this year, as new supply has collided with a relatively warm Northern Hemisphere winter. Oil and gas companies see a supply shortfall emerging in the mid-2020s and are investing in LNG plants. The deep decarbonisation required to meet 2030 climate change targets means gas is likely to gain market share against coal in power generation and oil in transport.