Government policy key to investors’ gas concerns
Slumping prices and imminent capacity expansion have dented investor confidence despite bullish long-term demand forecasts
Deregulation and government support are required to convince investors of the role for gas and LNG in the transition to a low-carbon economy, according to a panel at the Gastech Virtual Summit. “We are of the view of that there are bespoke solutions… [and] we will continue to see that globally,” says Anatol Feygin, chief commercial officer at Houston-based independent Cheniere, citing the US utility market in which 50 state regulators operate independently and each utility has its own regulatory arrangements. “There will not be a one-size-fits-all solution in either regulation or contract strategy.” November’s US presidential election will be pivotal as to whether Washington takes climate ch
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