With much of Europe continuing to scramble to secure adequate natural gas supplies in the wake of the Russian invasion of Ukraine and the resulting ramifications, LNG is seen as a leading solution to help solve the global energy crisis, which experts believe could continue for the next two to three years until new global capacity comes online en masse.
In the latest episode of NGI’s Hub & Flow podcast, NGI’s Patrick Rau, Director of Strategy and Research, takes a look at the apparent disconnect between the demand for new LNG infrastructure and whether it can – or will – be built. While much of the world cannot get domestic LNG fast enough, several major onshore U.S. liquefaction projects not yet sanctioned have indicated not so fast. Some sponsors are pushing out their potential final investment decision dates.
Rau identifies a number of factors he believes are behind this phenomenon, including the potential rise of “Fast LNG.”
Believing that transparent markets empower businesses, economies and communities, NGI – which publishes daily, weekly and monthly natural gas indexes at pricing points across North America – works to provide natural gas price transparency for the Americas. NGI’s Hub & Flow podcast is a part of that effort.
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