LNG

European natural gas prices have failed to be influenced by continuing attacks on shipping in the Red Sea in 2024 as weak fundamentals push natural gas price forecasts lower amid soft demand and record storage.

Natural gas demand growth in China, including LNG deliveries, is forecast to slow considerably, falling to 2 percent per annum between 2021 and 2030 compared with an average growth rate of 12 percent per annum between 2010 and 2021.