LNGAnalysis, the leading consultants in global LNG industry launched their comprehensive study on trends, opportunities, challenges and key strategies opted by companies operating in the global LNG markets.
The premier LNG Research report observes- “Global LNG market is shifting in favor of buyers after being tight for few years. We expect the market to shift completely in buyers favor from 2017 with the foray of US and Australian LNG supplies. Lower than expected demand growth rates coupled with commencement of new projects is forcing the shift in global LNG markets.”
“Global LNG demand is expected to increase from 238.2 million tonnes to 400.6 million tonnes, witnessing a growth of 162.4 million tonnes. However, during the period, 228 mtpa of new capacity is either under construction or in planned stage. Assuming 80% utilization rate, there will be 20 million tonnes of oversupply in 2020. In addition, 217 mtpa of new liquefaction capacity is in different stages (announced/ proposed/limited progress).”
Amidst rapid changes in LNG landscape, strategists across companies are confronting challenges of adapting to the new environment. The research work attempts to provide clear insights into the future of LNG industry through detailed analysis on reliable supply demand outlook, impact of oil price decline, new liquefaction and regasification projects, investments, contracts, trade, prices, Floating LNG and technology insights.
The report addresses the key challenges confronting LNG industry including-
- How will the market evolve towards the end of the decade?
- Impact of oil prices on FIDs of complex projects
- How much capital expenditure (investment) will be made between 2015 and 2020 on LNG?
- What are the best buying strategies in current times?
- Role of India and China in shaping the future of Asian LNG demand
- Where will the US LNG supplies go
- How many Australian LNG Projects are under risk?
- Short term LNG Trade and Price Outlook
- African LNG Projects being delayed- Revised strategies of Companies
- European Role as a Balancing Region in Global LNG trade
- Evolution of LNG Demand in Mature Markets