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New players on the supply side of liquefied natural gas have been popping up to challenge top exporter Qatar, with East Africa one of the latest on the buzz list.
Australia is racing to complete its mega-projects, and North American developers are lining up to unleash the continent’s huge supplies abroad. With demand for its copious gas reserves weakening in Europe, Russia is shifting focus to its Asian neighbors.
Meanwhile, Japan and other big LNG consumers are weary of being squeezed by high LNG prices and are looking for ways to bargain them down.
These were some of the market trends that buyers and sellers — and the support industries in between — discussed last month in Houston at LNG 17.