there’s a tsunami of factors that together are going to crash LNG prices in the coming years, and prevent Russia from even establishing a foothold in this market
first one is rising LNG production globally, driven by US ,Qatar, but also Canada, Mozambique, Nigeria and others in coming years
from 2025 to 2030 more than 300 bcm of LNG export capacity will come online , thats a 60% growth from the roughly 500 bcm LNG exports that occured in 2024
(graph is shit for its lack of Y axis, but proportions are real)
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there’s a tsunami of factors that together are going to crash LNG prices in the coming years, and prevent Russia from even establishing a foothold in this market
first one is rising LNG production globally, driven by US ,Qatar, but also Canada, Mozambique, Nigeria and others in coming years
from 2025 to 2030 more than 300 bcm of LNG export capacity will come online , thats a 60% growth from the roughly 500 bcm LNG exports that occured in 2024
(graph is shit for its lack of Y axis, but proportions are real)
https://preview.redd.it/qt3q0fonq8ef1.jpeg?width=750&format=pjpg&auto=webp&s=c18ef996f31bc3ae1c56151365cf9ae527ce1b94