There are a lot of factors right now that are squeezing natural
gas supply - excessive supply. global LNG prices have been
falling, additional supply coming on stream (Russian Arctic
generating record production from Yamal). A molecule of LNG can now
be delivered from Norway to Singapore for the same price as from
Doha, and the gas quality is higher. US is poised to become
the world supplier of NG. This is a time of dynamics and
change in the NG business. The question to me is (1) what
comes of the global trade wars (2)will NG demand continue to rise
as has been widely discussed?
There are a lot of
Nat Gas continues to PLUNGE, UNG dives below the bb. ...
Posted by tahoe on 29th of Nov 2019 at 11:02 am
There are a lot of factors right now that are squeezing natural gas supply - excessive supply. global LNG prices have been falling, additional supply coming on stream (Russian Arctic generating record production from Yamal). A molecule of LNG can now be delivered from Norway to Singapore for the same price as from Doha, and the gas quality is higher. US is poised to become the world supplier of NG. This is a time of dynamics and change in the NG business. The question to me is (1) what comes of the global trade wars (2)will NG demand continue to rise as has been widely discussed?
thanks for the info
Posted by matt on 29th of Nov 2019 at 11:29 am
thanks for the info