LNG mega-projects face funding evolution
The shifting risk and reward equations created by LNG’s commoditisation will lead to fundamental changes in financing
Increasing industry confidence that gas, and LNG in particular, will grow in importance at least in the first stage of the energy transition has been tempered with concerns surrounding the huge costs, complexities and delays typically associated with major LNG projects. The path ahead for LNG seems clear. Led by China’s rapacious appetite, trade in the liquefied commodity is estimated to rise at a CAGR of about 4pc during 2018-40 to 757bn m3, according to the IEA’s World Energy Outlook 2018, while LNG use in bunkering is projected to increase at a CAGR of 11pc during 2025-40 to reach 49bn m3. This rising demand is expected to create a shortfall by the early 2020s, the anticipation of which
Also in this section
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
28 March 2025
MCEDD 2025 took place in Madrid this week with record attendance and a wide-ranging programme, reflecting the deepwater sector’s renewed momentum, strategic focus and accelerating technological innovation.
