After the dry years of 2021-24, global LNG capacity is set to expand by a staggering 250 bcm/y by 2030, with Qatar and North America accounting for over 80% of the capacity additions.
Based on project timelines, around 70% of this capacity will be added between 2025-27. This extremely strong growth is expected to rebalance the global gas market and put downward pressure on prices through the second half of the decade.
What is your view? How will the next LNG wave impact markets? How will the demand side react? And could we expect any project delays?
Source: Greg MOLNAR
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