Fuel for Thought: Rising Tide of LNG May Become a Glut

A wave of new liquefied natural gas projects are due to be commissioned by the end of the decade. Yet a sharp increase in supply runs the risk of creating a glut, and with the rise of this transportable commodity, what impacts one market could have a ripple effect around the world.

Today’s show addresses the interplay between global and regional gas markets, with co-hosts Dana Perkins and Tom Rowlands-Rees joined by Fauziah Marzuki, Global Head of Gas Markets at BNEF. Together, they discuss the role of the US and China in how LNG moves around the globe, how shifting policies and net-zero goals are impacting the outlook for natural gas, and the ‘shadow fleet’ that recently departed sanctioned LNG terminals in Russia. The show draws upon BNEF research including Global LNG Market Outlook 2030: Focus on Supply Risks and Global LNG Supply Outlook 2030: Second US Wave Incoming.

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

Global LNG Market Outlook 2030: Focus on Supply Risks - https://www.bnef.com/insights/34357/view

Global LNG Supply Outlook 2030: Second US Wave Incoming - https://www.bnef.com/insights/34307/view

LNG Trade Weekly - https://www.bnef.com/insights/34651

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