The International Energy Agency’s (IEA’s) claim back in 2011 that the world was entering ‘a golden age of gas’ seems justified, at least from a supply perspective. A rapid uptick in liquefaction capacity, mostly led by the United States and Australia, means the global gas market is now over-supplied, and recent geopolitical posturing in the Middle East suggests there is plenty more to come. Suppliers are rushing to bring projects online, but they face a race to open up pockets of demand. Meanwhile, much...
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