LNG market seen flipping from surplus to shortfall
Poten & Partners estimates more than $70 bn of investments in capacity building are now off the table following the collapse of LNG prices. This could result in supply falling behind demand as early as from the middle of this decade
Surplus spot cargoes made available at record low prices have drawn in new buyers who are not as inclined to enter into the sort of long-term offtake arrangements that traditionally underpin the project financing for new LNG capacity construction
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