12152019Sun
Last updateFri, 13 Dec 2019 5pm

End-User News

U.S. Exporters Wary of Possible Global Gas Glut

Analysts from Citigroup and Morgan Stanley warn that a “global glut of natural gas has gotten so massive that U.S. exporters could soon face their worst-case scenario: Halting shipments to get supply and demand back in balance,” Bloomberg reports.

“Capping LNG production is an extreme measure, but the idea is gaining traction as new terminals from the U.S. to Australia unleash exports faster than demand can catch up.”

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