Mr Nicholas Browne from Wood Mackenzie claimed that ‘The current market dynamic is one that there is oversupply and this is expected to last until 2021. Wood Mackenzie then expect the market to tighten significantly as there is little new supply due to come on stream from 2021 to 2023. Because of this many oil and gas companies are looking to build new LNG projects. Mr Browne expects 2019 to be the biggest year ever for LNG liquefaction investments. Many of these projects are focused on the Chinese market due to the strong demand growth. Let’s go and check it out! Nicholas Browne, Asia Gas and LNG Director

Dukascopy TV (EN)

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