Natural Gas Prices Have Reached a Turning Point
After a period of sharp decline,gas prices seem to have reached a turning point and are expected to increase over the period up to 2021.
Gas is becoming increasingly tradable. The US and Australia are building large export capacities for LNG gas. This is likely to keep regional price spreads far below their 2011-2014 levels.
Global gas demand is expected to rise un to 2021,but at a more moderate pace than over the past decades. China is expected to return as a key engine of demand growth.