LNG

Global LNG glut to last until 2023/2024 – Osaka Gas

Akira Miyamoto, executive researcher for Osaka Gas, believes the global glut of LNG will last at least five more years Akira Miyamoto, executive researcher for Osaka Gas, believes the global glut of LNG will last at least five more years.
By Silvia Favasuli 15 November 2017 0 28391
futtsu power station An LNG tanker docked in Japan. (Tepco)

Akira Miyamoto, executive researcher at Japan’s Osaka Gas, talked to Interfax Natural Gas Daily on the sidelines of the European Autumn Gas Conference in Milan about his perspective on the global LNG market. 

Interfax Natural Gas Daily: How long do you believe the global LNG supply glut will last?

Akira Miyamoto: [At Osaka Gas] we estimate importing countries’ demand every year and how much LNG each project can produce in the future. Based on this, we think the oversupply will last up until 2023/2024.

INGD: Do you think...