Prices expected to continue to be high, but LNG may be pricing itself out of global markets
May 20, 2022 (IEEFA)—The fallout from the Russian invasion of Ukraine has disrupted the world’s liquefied natural gas (LNG) market, driving prices to record levels while likely positioning the industry for a significant downturn as emerging Asian markets are priced out of the market, according to a panel of IEEFA experts.
IEEFA’s analysts find that the disruption in the LNG markets has been truly global. Russia, which faces a series of international sanctions, is the world’s second-largest natural gas producer, its third-largest oil producer, and its sixth-largest coal producer. In addition, Russia provides Europe with more than one-third of its gas supply.Tiếp tục đọc “IEEFA experts trace the fallout from Russia’s invasion of Ukraine on global liquefied natural gas markets”