• 18 October 2024
  • Market: Gas & Power, LNG, Natural Gas, Electric Power

Key themes covered for LNG:

  • Higher nuclear and renewable capacity and the possibility of stronger coal- and oil-fired generation could curb LNG use in the power sector in key Asian economies
  • Weak global economic growth is poised to cap Chinese LNG demand, against the background of a continued ramp-up in domestic production and pipeline imports
  • Capacity buildout is set to underpin LNG supply growth, although individual producers face restricted feed gas availability
  • The global LNG carrier fleet continues to grow ahead of an expected jump in production capacity next year.

Global Lng winter

Global Natural gas

Key themes covered for natural gas:

  • A weak macroeconomic environment, more renewables and energy efficiency gains could well weigh on gas consumption
  • A cold and still winter would change the picture dramatically
  • A mid-winter halt to Russian gas flows through Ukraine would require central and eastern Europe to rely more on underground storage, while drawing gas in from the west
  • Strong Algerian and Norwegian production and high underground inventories, coupled with additional LNG import capacity, should ensure the continent's supply.

About Argus Media

As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such supply and demand dynamics, price trends, trading activity and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered first hand from the market.