The Top 10 Questions Facing the LNG Industry in 2016
Although continuing low oil prices affect the LNG industry in expected ways (e.g. delays and cancellations in the development of LNG export projects) and unexpected ways (e.g. take-overs between major players in an already consolidated industry), a prolonged LNG oversupply notwithstanding tapering Asian demand could be the most widespread industry impact in 2016, write in an article on King & Spalding‘s Energy Law Exchange.
The article examines the top ten questions the LNG industry may face this upcoming year. “Given that LNG is now considered the most valuable physical ‘commodity’ after crude oil, how the industry reacts to the oversupplied, low-price environment could have far-reaching consequences globally,” the article says.