- The sudden oversupply has crashed the oil price. Since LNG pricing is tied to oil in the biggest LNG markets, this has potentially serious ramifications in that market as well.
- If present prices persist, many, perhaps most of the proposed new LNG plants will be unprofitable so many will not be build.
- However, underlying LNG demand is much stronger compared to oil so sooner or later this will turn into a supply shortage of LNG.
Liquid Natural Gas Market To Crash With Oil? | Seeking Alpha
April 25th, 2015 · No Comments
Tags: Natural Gas