Tuesday 13 March 2018

COLUMN-LNG is the new shale oil with the U.S. as disruptor-in-chief: Russell

COLUMN-LNG is the new shale oil with the U.S. as disruptor-in-chief: Russell:

"Crude oil is likely to spring to mind if one is asked to name a commodity where the United States is disrupting the market by becoming a swing producer and challenging traditional trade flows, especially in fast-growing Asian markets.

But it’s increasingly likely that the United States is about to play the same role in liquefied natural gas (LNG), as it ramps up production in an already well-supplied market.

Much has been written recently about how the expected glut in LNG supply is unlikely to materialise, given the rapid growth of demand for the super-chilled fuel in Asia, especially in China, which is now second only to Japan as an importer."



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