.. Lng Price Recovery Spurs Investment In Race Against Carbon Targets
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29 Jul 2021

Summary

  • The investment outlook for liquefied natural gas (LNG) has improved this year but project go-aheads will not match the bonanza of 2019, as the fight against climate change clouds the prospects for gas demand growth longer term.

  • Renewed optimism as the industry emerges from the pandemic, rapidly rebounding oil and gas prices and a better economic outlook is building confidence in short and long term LNG demand in Asia and spurring companies to look at new LNG projects, most of which were shelved last year when prices slumped.

  • However they need to take into account the ever tighter carbon emissions targets that governments are setting ......

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