Closure of the Strait of Hormuz has done something more than move prices: it has removed any shared sense of where the market is heading. For three years the industry's working assumption was that a wave of new LNG capacity would tip the market into oversupply by the late 2020s – but that assumption has now vanished.
| Subscriber content | ||
![]() This content is available only to subscribers please log in below or subscribe now / request a free trial |
||
|
|
||