LNG

Investments in North American natural gas infrastructure – notably LNG terminals – run the risk of becoming stranded assets after 2040 as accelerated decarbonisation reduces LNG demand in Europe, Asia Pacific and China, DNV warns.

Construction of LNG terminals is slowing in Europe as gas consumption is forecast to fall by 15-20% between now and 2030. Germany has shelved some regas terminal projects while a French court ruled an FSRU at the port of Le Havre should be removed, partly due to low utilisation.