• 3 minutes "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 9 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 10 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 9 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 7 days Energy Armageddon
  • 22 hours "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 3 days "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****
  • 3 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 22 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 3 days "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 3 days The Federal Reserve and Money...Aspects which are not widely known
  • 11 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 4 days Goldman Betting on Cryptocurrencies
  • 7 days Сryptocurrency predictions
  • 12 days Putin and Xi Bet on the Global South
Ross McCracken

Ross McCracken

Ross is an energy analyst, writer and consultant who was previously the Managing Editor of Platts Energy Economist

More Info

LNG’s Downstream Glitch

A slowing Chinese economy and upcoming elections in India could both impact a hitherto robust demand outlook for the LNG industry, which currently occupies an enviable place in the energy universe. Demand growth has been on a substantially higher trajectory than any other hydrocarbon when compared with global GDP or the slowdown in international trade. LNG is on a virtuous relatively low-priced path of expansion in which its primary competitors are coal and oil products.

Global LNG supply has grown by nearly 30 percent over the last three years. Rather than resulting in a much-predicted glut, it has been absorbed by coal-dominated economies, principally China, in an effort to reduce both local air pollution and global carbon emissions. This is resulting in a new wave of project FIDs (final investment decisions), which should keep LNG pricing competitive.

While the industry has focused on the potential of new markets in transport, with some justification, these to a large extent remain icing on the cake in comparison to the potential for industrial gas demand, including fertilizer and petrochemicals, and the expansion of city gas use in Asia. This demand should be underpinned by coal-to-gas switching in the power sector in both Europe and North America, despite the growth of renewable energy sources.

Reactive demand

A key reason for the underestimation of LNG demand has been the change in investment cycle times brought about by Floating, Storage and…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News