Outlook 2025: The LNG market – stuck in the middle
With substantial volumes of liquefaction capacity on the horizon and buyers holding more of the cards, the LNG market is evolving in unpredictable ways
The LNG market is undergoing radical change. At the highest level, the risk has gone from buyers trying to secure accessible supply at a low enough price to sellers finding accessible demand at a high enough price to justify the trade. Gone are the days when a limited number of LNG producers held most of the cards in a game with potential buyers facing limited alternatives. Not only are more LNG suppliers entering the market each year, options such as renewable energy or even coal also offer viable alternatives depending on the priorities—ranging from pollution control to bearable price—of the buyer. As a result, the underlying structure of the LNG market will be changing drastically by the
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