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New Supply Options from the United States and Australia Positioned to Transform Global LNG Landscape
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This study highlights the market trends that have triggered global LNG industry growth. Global natural gas demand is likely to increase at a growth rate of 2%, driven by Asia-Pacific with countries such as Japan, China, and India absorbing high volumes of LNG. With the glut of natural gas supply in Australia and recent developments in US shale gas production, LNG trade will expand tremendously. Going forward, Frost & Sullivan forecasts this market to become a buyers’ market, where LNG prices will be linked to both crude oil and Henry Hub gas prices. The base year used for analysis is 2014; forecasts run 2015 to 2025.
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