Global LNG markets will not see shortages several years from now – as is widely predicted – because project developers will be spurred into taking FIDs sooner rather than later if gas demand meets bullish forecasts, a senior executive at Japan’s Inpex said on Tuesday.
“If the demand is on the predicted basis, then everyone will understand [that 2024] will be the shortage point. So there will be brave men who decide to invest,” said Nobuyuki Higashi, vice president of global energy and environmental strategy at...
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