AT a presentation in Perth last night Wood Mackenzie’s Singapore-based LNG lead analyst Saul Kavonic noted there is going to be huge LNG demand globally by 2025 and, even if Qatar does ramp up to its promised 100 million tonnes per annum, there will still be shortfall.
"It's a very different picture to a year ago," Kavonic said. "Prices can rise again and you can be caught short." "We were expecting 30 million tonnes of overcapacity, now it's eight, which...
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