lngindustry.com
The global gas market has been shocked by the pace and scale of transition from boom to bust. At the beginning of 2014, suppliers were paying a lofty US$20/million Btu for LNG in a market that was anticipated to remain tight for years. By early 2016 producers were struggling to sell surplus cargoes for US$5/million Btu, 75% below the levels of just two years earlier. A bust of these epic proportions was not supposed to happen. The initial shock has now passed and gas market consensus has digeste…
about 9 years ago