A massive wave of investment has poured into LNG export terminals around the world in recent years, and nearly all of the projects have China at the center of their business plans. While China has been the largest source of LNG demand growth for quite some time, and will likely remain a key buyer going forward, Chinese demand may not be large enough for all of the LNG projects on the drawing board. More than a few LNG projects face investment risks as China balks at prices needed for many export terminals to make sense, according to a new report. The LNG market went into a tailspin this year due to the pandemic, but in reality, the global market for natural gas was heading into a downturn at the start of 2020, before the coronavirus led to widespread shutdowns. A substantial increase in export capacity in 2019 outpaced demand […]

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