M&A and NOCs to change LNG world
Portfolio players and vertically integrated firms are transforming the way the industry operates
The global LNG industry is changing rapidly as a result of consolidation and the creation of new business models. Under Chatham House rules—where speakers cannot be identified—law firm Shearman & Sterling and Petroleum Economist co-hosted an event on the subject to celebrate the launch of a related new report, around the Houston Gastech conference. Attendees heard: On M&A It will continue due to the economic “law of gravity”. Capital is directed towards producing high priced fuels while consumers rush to buy ones with the lowest price. “This creates mean reversion and momentum that carries prices for a few years. Some will make mistakes and the happy ones will want to consolidate the
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
