European Gas Hub
No Result
View All Result
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login
European Gas Hub
No Result
View All Result
Home Gas Prices

LNG liquefaction capacity getting tight

Editor by Editor
1 year ago
Reading Time: 1 min read
LNG liquefaction capacity getting tight
Share on FacebookShare on TwitterShare on Linkedin

LNG liquefaction capacity additions are set to dry up in the coming years, just at a time when Europe eyes for boosting its LNG imports to diversify away of Russia.

RELATED POSTS

Asian-price-premium

JKM: return of the Asian price premium?

3 days ago
TTF-drops

TTF drops below the $10/mmbtu mark for the first time since June 2021.

1 week ago
timera-energy

Gas storage value in a post-crisis market

1 week ago

LNG liquefaction capacity additions averaged at ~40 bcm/y between 2016 and 2020, largely supported by Australia, the US and the YAMAL LNG project in Russia.

Altogether close to 200 bcm of liquefaction capacity has been added over this period, providing strong downward pressure on gas prices both in Europe and northeast Asia.

But LNG projects are now drying up: to an average of just 15 bcm/y between 2021 and 2024, with some
significant downside risks, especially when Russia’s Arctic LNG 2 project is considered.

Add to this picture the uncertainty around Russian gas supply and Europe’s strong drive to ramp-up its LNG imports.

The result is likely a prolonged period of market tightness and fierce competition for each and every drop of LNG.

The good news is, that LNG supply additions are not necessarily equal to LNG capacity additions: higher utilisation rates could be reached at a number of plants by debottlenecking infrastructure, solving upstream supply issues and have a better utilisation of natural gas (via reducing gas flaring/methane leaks).

It won’t solve alone the issue of market tightness, but would bring some relief to the market while waiting for Qatar and the next LNG mega-wave starting in 2025/26.

What is your view? What is the outlook for LNG and gas markets in the coming years? Will Europe emerge as a premium market? What are the short-term options to scale-up LNG availability?

Source: Greg Molnar (LinkedIn)

Tags: European gas price pricesEuropean gas security of supplyEuropean gas storageGreg MolnarLNG liquefactionTTF prices
Editor

Editor

Related Posts

Asian-price-premium
Gas Prices

JKM: return of the Asian price premium?

3 days ago
TTF-drops
Gas Prices

TTF drops below the $10/mmbtu mark for the first time since June 2021.

1 week ago
timera-energy
Gas Prices

Gas storage value in a post-crisis market

1 week ago
Russian-gas-exports
Gas Prices

Russian gas exports to Europe down by 20%

2 weeks ago
LNG-prices
Gas Prices

Weekly trend of natural gas and LNG prices – May 9

3 weeks ago
Natural-gas-price
Gas Prices

Natural gas price benchmarks: prices continue to ease

1 month ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

Asian-price-premium

JKM: return of the Asian price premium?

3 days ago
European-power- switching

Coal drives European power switching anchor lower

4 weeks ago
TTF-drops

TTF drops below the $10/mmbtu mark for the first time since June 2021.

1 week ago
Load More

Recent Post

Asian-price-premium

JKM: return of the Asian price premium?

3 days ago
TTF-drops

TTF drops below the $10/mmbtu mark for the first time since June 2021.

1 week ago
timera-energy

Gas storage value in a post-crisis market

1 week ago
Load More

European Gas Hub is an online platform for sharing analysis and information about European natural gas markets more info

Categories

  • European Gas Prices
  • Energy Policy
  • European Gas Infastructure
  • European Gas Storage
  • Coal Market
  • Supply & Demand
  • Gas Supply & Demand
  • LNG
  • Other
  • Unconventional Resources

Recent Posts

JKM: return of the Asian price premium?

TTF drops below the $10/mmbtu mark for the first time since June 2021.

Gas storage value in a post-crisis market

Energise your Tuesday!

Sign up to receive our weekly newsletter with new European gas market reports, presentations & analysis. Every Tuesday.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 EuropeanGasHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login

© 2020 EuropeanGasHub | All Rights Reserved

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Energise your Tuesday!

SIGN UP to receive our weekly newsletter with new European gas market reports, presentations & analysis. EVERY TUESDAY!