The global LNG market could move into a state of undersupply earlier than expected, the head of industry body GIIGNL warned Thursday. Jean-Marie Dauger, speaking at the Petrostrategies gas conference in Paris, said the LNG market was “covered” for the next few years given the expected startup of several new supply projects. But a shortage of final investment decisions for new supply trains in the past few years has left the market potentially undersupplied. “The supply gap may develop sooner than expected — in the early 2020s, not the mid-2020s,” Dauger said. Speakers at the conference painted an optimistic picture for LNG demand in the coming years, with […]

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