'Homeless LNG' likely to keep market oversupplied this decade

The decade through 2020 will continue to be oversupplied by liquefied natural gas coming into the market without enough buyers for long-term deals to guarantee a destination for all potential cargos. This type of oversupply is referred to as "homeless LNG." The paper discusses suppliers in...

Full description

Saved in:
Bibliographic Details
Main Author: Persily, Larry
Document Type: Press release
Publisher:Kenai Peninsula Borough. Mayor's Office
Date:March 16, 2016
Series:Alaska LNG Project updates
Subjects:
Online Access:View Full Text
View Full Text
Library Holdings:Print Versions
Description
Summary:The decade through 2020 will continue to be oversupplied by liquefied natural gas coming into the market without enough buyers for long-term deals to guarantee a destination for all potential cargos. This type of oversupply is referred to as "homeless LNG." The paper discusses suppliers in Australia, Russian, and the United States as well as demand in Japan, China, and India in addition to smaller countries.
Published:2009-2020
Physical Description:5 pages
Notes:This update is provided to keep the public informed about the Alaska LNG Project.