Directional impact on forecast:
Downbeat for MEA’s LNG demand
The Middle East and Africa (MEA) region’s LNG market is undergoing structural changes that have manifested as a sharply falling demand for the fuel – a trend that is set to continue in 2019. The MEA’s importers are grappling with high LNG prices despite increasing supplies from the United States, Australia and Russia combined with the prospect of additional capacity coming online over the coming years. This has prompted debate on whether LNG imports...
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