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Special Report: European LNG demand trends unclear amid continued global economic turmoil

04/13/2009
The last couple of years have proven to be dramatic for the global LNG industry, matching few of the industry’s expectations of only a few years ago. From early 2007 until the end of 2008, the global LNG market has been supply constrained with strong Asian demand attracting an increasing number of cargoes from the Atlantic Basin.During this time Asian buyers have shown a willingness to pay a premium for spot, flexible supply, and global LNG trade flows have responded accordingly. This situation is unlikely to prevail for much longer, however.As the global economic situation continues to deteriorate, the outlook for the LNG industry, as is the case for many other resource-based indus...
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