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    Home > Chemicals Industry > Chemical Technology > A rebound in LNG prices will dampen demand growth

    A rebound in LNG prices will dampen demand growth

    • Last Update: 2022-11-26
    • Source: Internet
    • Author: User
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    According to Dow Jones on October 17, BMI Research was surprised by the large increase in global liquefied natural gas (LNG) demand in 2017, but added that continued large increases in supply will put pressure on LNG prices, at least until 2019
    .
    BMI Research, now renamed Fitch Solutions, said the rebound in LNG prices will limit demand somewhat over the next 10 years as the company expects usage to grow by an average of 5 percent
    per year.
    Fitch Solutions added that Asia will continue to drive LNG demand growth
    .

    According to Dow Jones on October 17, BMI Research was surprised by the large increase in global liquefied natural gas (LNG) demand in 2017, but added that continued large increases in supply will put pressure on LNG prices, at least until 2019
    .
    BMI Research, now renamed Fitch Solutions, said the rebound in LNG prices will limit demand somewhat over the next 10 years as the company expects usage to grow by an average of 5 percent
    per year.
    Fitch Solutions added that Asia will continue to drive LNG demand growth
    .

    LNG
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