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LNG price may stay at below $4/mmbtu till 2030-I : Market crashes as demand falls – 6 Apr 2016

Apr 06, 2016

The global LNG market is in the midst of a massive crash from which it is unlikely to recover in the next 15 years.
The crash has been brought about by an over supply of LNG and a unanticipated cut back in demand in the main markets of Japan, South Korea and China.
The situation looks grim as LNG demand is projected to fall rather then rise in these countries as alternative energy sources -- such as nuclear, solar and even coal  -- squeeze out the appetite for gas.

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