The world is predicted a global struggle for LNG

Global competition for liquefied natural gas will not stop any time soon. Moreover, experts predict an intensification of the struggle for LNG due to the excess of demand over supply.

The government of Japan, which is the largest importer of this type of fuel, has calculated that by 2025 the imbalance in the market may increase even more.




according to the Japanese government's annual report.

At the same time, according to forecasts, spot prices for LNG may exceed prices for long-term contracts until the second half of the 2020s. Experts attribute this to increased demand for LNG in Europe after the abandonment of Russian energy sources.

Experts note that if the situation with the demand for gas in the EU does not change much, and there are no prerequisites for this yet, then prices for LNG and natural gas may return to the level they were before the current imbalance of supply and demand only after 2030 .

Only two scenarios are named that could lead to a weakening of competition in the gas market. The first is a global recession. The second is an increase in the number of restarted nuclear power plants in Japan, stopped after the accident at the Fukushima-1 nuclear power plant in March 2011.