Low Liquefied Natural Gas (LNG) prices could have an impact on
the progress of LNG projects in the coming year.
LNG prices across the globe are currently described as low
– natural gas is considered not just a clean hydrocarbon
fuel, but also an economic fuel. In 2019 the development of
significant new sources of LNG began, notably in Mozambique. Many
countries requiring gas are announcing and continuing the
development of LNG import schemes, including Brazil, which this
year commenced the development of new LNG import schemes. China is
considered the biggest new market for LNG imports.
But what does this mean for LNG developers looking to entice
investment from banks and other investors as we approach 2020?