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The Netherlands is expected to become an increasingly large net importer of gas. The country is transitioning away from gas, but this will take time and production is already falling.
Issues with the procurement phase have delayed the start of construction until at least September, meaning the pipeline will not be ready until March 2021 at the earliest.
Saudi Arabia’s aim of challenging Qatar’s dominance of the LNG market will present the United States with an opportunity to commercialise its LNG.
Small-scale LNG technology is gathering momentum in Latin America and the Caribbean and will be the region’s best bet for reversing the decline in its LNG demand in the long term.
The Labor Party’s hopes of forming a government were dashed over the weekend when voters shied away from policies that proposed putting climate change at the top of the political agenda.
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