High prices have prompted investment in new LNG supply, but it could all be too much if Russian gas finds a route back to market or buyers succeed in cutting their demand
As the global energy crisis deepens and countries scramble to secure reliable energy sources, investments in new LNG infrastructure are set to surge, reaching US$42 billion annually in 2024.
china because of the elongated chinese lockdown, that has allowed a certain degree of market looseness but we don t expect that ultimately to continue and we fear this may be the most benign market conditions we will experience this year as we move into the winter months when the market is expected to tighten once again stop and the impact on prices? fundamentally china was 9000% up on the pre covid i9 average, as you say there is a huge bidding warfor lng, traditional markets that have used liquefied natural gas on those offshore markets of those newer economies have come to guess later than the old world are very dependent on lng europe was never a huge consumer of l in xi before the codependence with russia made us very invested with lng infrastructure at the same time