LNG's brave new world
LNG has been thrust into the spotlight by its starring role in China’s ‘Blue Sky’ revolution, but is the industry ready for rapid change?
An anticipated acceleration in LNG's commoditisation, driven by factors such as increased natural gas demand and newfound confidence in its potential as a marine fuel, is expected to hand it a much larger role in global energy markets. But LNG's legacy pricing structures and contract terms do not seem to square with such a rapid evolution. At the same time, a wave of mega-project approvals targeting an expected market tightening in the early 2020s has been taken with the expectation of solid demand growth and pricing stability. Petroleum Economist talks to Hans Kristian Danielsen, senior vice president at DNV GL, about how these issues are likely to evolve over the next decade. PE:There has
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The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
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With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
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The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
