LNG market signals encourage the midstream [NGW Magazine]
Apr 20, 2021 7:30:am
Summary LNG prices have eased since the winter peaks but remain significantly above pre-winter levels, providing some relief for sellers after a lengthy period of market weakness. [NGW Magazine Volume 6, Issue 6]
by: Jeremy Bowden
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LNG market signals encourage the midstream [NGW Magazine]
As the market emerges from winter, global LNG demand is looking robust, buoyed by the relaxation of Covid-19 restrictions, coal to gas switching and significant falls in domestic production seen in some importing countries.
Meanwhile, the price volatility of recent months could put buyers off reliance on spot supply and give a boost to longer term deals, which may help new LNG liquefaction plants get off the ground.