Glut seen absorbed by 2030

Wednesday, 04 January 2017

With the LNG overcapacity forecast to wane in the mid-2020s, IEA analysts say that timely investment in new gas supply projects is needed to pre-empt price volatility. Inter-regional natural gas and LNG trade is set to grow by 45% over the next 10 years and by 70% through 2040 as overcapacity is gradually absorbed and the market rebalances.

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