Outlook 2025: Let us not waste time dwelling on diverging gas views

Supporters of the LNG industry need to concentrate on the areas with the most potential before the sector runs out of time to make its mark

For an industry that takes a long time to get things done, LNG proponents need to shift their focus away from things that may not be worth the effort and dedicate more time to things that will benefit the sector in the long run as well as in the energy transition. Time is running out for the gas industry to strike and make its mark. The global LNG market is on the brink of a state of oversupply, with BloombergNEF projecting that this is set to emerge in 2027. Prices will fall and so will revenue for LNG producers. What must be done after 2030 will come down to how much demand can be unlocked with low prices. Time is also running out for gas to figure out its role in the energy transition. Th