The rise of major emerging liquified natural gas, or LNG, buyers led by China has created the need for infrastructure investment and new shipping capacity to avoid price volatility, a report by the International Energy Agency said Monday. “The risk of a lack of timely investment in the LNG carrier fleet could pose a threat to market development and security of supply, which could materialize even earlier than the risk of insufficient liquefaction capacity,” the IEA said Monday. The Paris-based organization said that “uncertainties remain for the future evolution of gas markets”, which is being reshaped by rising production and exports from the U.S., as well as increasing demand from China. The new emerging buyers have a priority for […]

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