06242018Sun
Last updateFri, 22 Jun 2018 2pm

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End-User News

LNG Investment Down in Recent Years

“Investment in new projects to produce liquefied natural gas (LNG) fell sharply in 2016 and 2017: the industry-sanctioned under 10 million tons of annual capacity in two years, an 80 percent reduction relative to 2011–2015,” writes Nikos Tsafos from the Center for Strategic and International Studies.

“This slowdown raises many questions. Is the industry investing enough to meet future demand, and if not, will that lead prices to spike later? Governments are asking whether they should offer concessions to support projects; and if so, how far should they go, especially given pressures from constituents who were promised jobs, investment, and revenue from projects that are now stalled.” 

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