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
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
