As appeared in Global Gas/LNG Research.
“LNG supply returned to growth in 2015 after three years of stagnation between 2011 and 2014. It is the first stage of an expected surge in supply which will take output to close to 385 mtpa by 2020, an increase of around 55% compared with 2015. The surge in supply is taking place as demand growth weakens in the key markets of Asia, which received 72% of global supply and in an environment where natural gas, LNG and oil prices have fallen to levels last seen over a decade ago….”
