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    Woodside’s Pluto LNG plant in Australia. Significant new global capacity is set to come online soon. (Woodside)

    LNG market set to rebalance as glut looms

    A new wave of liquefaction capacity could soon rebalance the LNG market at lower prices, pushing Asian prices back down to post-Fukushima lows.

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    Construction of the Serbian section of South Stream. The project has now been abandoned in favour of a pipeline through Turkey. (Gazprom)

    South Stream cancelled – Global Gas Analytics view

    South Stream is dead, but Russia could yet carry out the project’s aims of increasing the gas supply to southeast Europe, through another planned pipeline that will use Turkey as a conduit.

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Highlights

  • Profile

    Norwegian gas – gaining further ground

  • Market Roundup

    Stock levels fall on winter withdrawals

  • Comment

    South Stream cancelled – Global Gas Analytics view

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