Loading…
Cedigaz reports that 16 million tonnes of new LNG supply entered the market in 2016, a 6.8% increase. About 110 mmtpa of additional capacity is under construction for start-up by 2020-2021.
Roughly 42% of current LNG demand is due to arrive in a short period, which points to continued downward pressure on gas prices.
informaconnect.comGeoffroy HureauMar 30, 2017After 59 past bearish macro events, Natural Gas moved a median +1.3% over 5 sessions (58% higher; middle half -5.0% to +5.2%), and -2.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
