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Evolution of LNG Market Supply vs Demand in Next Ten Years: Timera Energy

LNG

The supply demand balance driven by:

  • Long lead times for supply to respond to market prices.
  • Demand driven market until later in 2025 when more new supply come online.
  • New supply from 2025-29 (with flexible hub indexed US LNG and Qatari oil-indexed supply the dominant sources).
  • The pace & scale of Asian demand growth is the key uncertain factor.
  • European LNG demand has seen a major step up but is set to stabilise before declining into next decade as decarbonisation continues.

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