Navigating the next LNG cycle
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
Much more LNG will arrive on the market in the coming years. How confident are you that extra demand will emerge to absorb this supply, and what will drive this growth in consumption? Signoretto: Among traditional energy sources, LNG is for sure the brightest spot, with demand expected to grow steadily over the next years from around 400mt in 2024 to around 600mt at the beginning of the next decade. Projections show, on the other hand, that the arrival of a new wave of LNG supply will come at a speed expected to initially outpace that of demand over the next few years (2027–30), therefore causing a bearish impact on prices. This means some additional demand will be needed to absorb increasin
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