×
×
Markets & Forecasts

US mulls new LNG paradigms amid oversupply

An influx of US LNG export projects is adding to the global supply glut, but this will also prompt project developers to establish efficient market-management tools An influx of US LNG export projects is adding to the global supply glut, but this will also prompt project developers to establish efficient market-management tools.
By Abhishek Kumar 18 October 2019 Americas / LNG 0 34685
Global Gas Analytics forecasts the US will have around 144 mtpa of LNG export capacity by the end of 2025. (Cheniere)

LNG export projects in the United States are staring at problems of their own making. In the process of reaping the benefits of the shale gas revolution, US LNG suppliers have flooded the global marketplace. While this has increased liquidity in the spot market – depressing spot prices – it has also spelled financial trouble for many project developers and LNG marketers. Consequently, US LNG suppliers are slowly changing tack. Instead of keeping the market oversupplied, they are becoming more interested in managing it.

The volume...