29 April 2024
Steady does it: Strained geopolitics, US pause fail to fluster LNG outlook for 2024
Publication date: 29 February 2024
Gas Strategies Group
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ISSN: 0964-8496
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Geopolitical risk, spearheaded by the ongoing war in Ukraine and escalating situation in the Middle East, combined with the shift in LNG permitting policy in the US, have failed to fluster the global LNG market and cause an upturn in gas prices and freight. Provided no great upset happens, LNG supply and demand look set to stay balanced in the year ahead, while the medium- and long-term outlook for the LNG business remains positive, industry sources tell LNG Business Review.