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Markets & Forecasts

US LNG faces daunting prospects in Asia

The share of US LNG dispatched to Asia will remain low in 2020 compared with 2018 and 2019 as US suppliers struggle in the Asian market amid weak prices The share of US LNG dispatched to Asia will remain low in 2020 compared with 2018 and 2019 as US suppliers struggle in the Asian market amid weak prices.
By Abhishek Kumar 6 February 2020 Americas / LNG 0 35003
The Freeport LNG development. (Freeport LNG)

Directional impact on forecast:
Downbeat for US LNG exports to Asia

The new decade has brought new challenges for LNG sourced from the United States in the Asian market. Price competitiveness will be key if the US wants to unlock the Asian market, but suppliers of US LNG will need to sign more medium- and long-term contracts in the region to secure buyers.

US LNG has played a crucial role in improving liquidity in the spot market, but this has also depressed spot LNG...