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LNG US Australia Qatar Mozambique Canada
24 January 2018
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Lots of LNG

Australia and the US brought significant new supply on line. But who would buy it all?

In 2017, liquefied natural gas producers looked with hope to the future—and some worry at the present. Demand, they believed, would one day catch up. In the meantime, much new seaborne gas floated often aimlessly into the market. By early 2017, global nameplate liquefaction capacity had reached 340m tonnes a year, more than twice the number from 2005. Another 45m t/y was scheduled to start up by the end of 2017 too (and then another 30m in 2018, and more after that). The long-predicted flood of supply seemed, in 2017, to have arrived. Malaysia, Indonesia, Russia and Cameroon all chipped in—or would by year-end - but the bulk of the LNG came from two countries. Australia in 2017 entered the f

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Countdown to Mozambique LNG restart
25 July 2025
Mozambique’s insurgency continues, but the security situation near the LNG site has significantly improved, with TotalEnergies aiming to lift its force majeure within months
China creates two-tier oil dynamic
25 July 2025
There is a bifurcation in the global oil market as China’s stockpiling contrasts with reduced inventories elsewhere
Trump’s Russia threat rings hollow
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
US oil sector faces complicated path
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand

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