LNG

New LNG investment needed soon as supply gap looms

Time is running out for companies to sanction new LNG export capacity if buyers and sellers want to avoid shortages next decade Time is running out for companies to sanction new LNG export capacity if buyers and sellers want to avoid shortages next decade.
By Colin Shek and Tang Tian 16 April 2018 0 30439
Sinopec’s LNG terminal in Qingdao. (Sinopec)

The stalemate between buyers and sellers of LNG that has held back investment in global liquefaction capacity must end soon, Sanford C. Bernstein has warned. The industry must build as much as 200 mtpa of new capacity by 2025 to plug a looming supply gap, the research and brokerage firm said in a new report.

“There continues to be a dearth of new projects approved as the stand-off between buyers and sellers continues,” Bernstein analysts, including Neil Beveridge, wrote in a report on Monday. Last year...