Whilst demand for clean natural gas is increasing, the commerciality of large-capex projects is being called into serious question
Gavin Wendt
MineLife
Whilst demand for clean natural gas is increasing, the commerciality of large-capex projects is being called into serious question. We agree with industry behemoth, Shell, which claims that only a fraction of the natural gas export projects being developed around the globe will become a commercial reality. The biggest drawback is the massive cost of development at the same time as increased supply is leading to weaker prices. In Asia, where 70% of global LNG trading takes place, spot LNG prices have fallen by more than 35% this year to their lowest level since late 2012. (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
1 topic
Gavin Wendt
Founding Director
MineLife
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Expertise
Gavin Wendt
Founding Director
MineLife
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Why "buy and manage" is the better way to invest in stocks
Livewire Markets
