DEMAND DURING CRISIS
The last article we published titled “Crisis Presents Opportunities”, outlined that the current low gas price environment, brought about by oversupply and weak demand, presented an opportunity for price sensitive buyers to enter the LNG market. Furthermore, the main limitation for these buyers is infrastructure. Hence, there is an opportunity to use spare capacity in […]
CRISIS PRESENTS OPPORTUNITIES
THE CRISIS LNG prices have collapsed over the past couple of months due to concerns of oversupply and weaker-than-expected demand. This situation has been exacerbated by the coronavirus outbreak, which has further dampened global demand, pressuring prices below $2/MMBtu. Many Asian LNG buyers have attempted to call force majeure on their term, mainly oil linked, […]
