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The LNG Big Chill: April 2020
As the coronavirus outbreak and oil price crash continue to change the market, we look at how the Chinese gas market is recovering, what lockdown means for Indian LNG demand and the potential for coal-to-gas switching in Japan and South Korea. We also discuss how far gas demand will fall in Europe this quarter, and the implications for storage. And we ask: how will the global LNG supply outlook change?
This report provides Wood Mackenzie's H1 2019 gas and LNG price outlook. The attached Excel file provides prices through 2040 for key hubs - Henry Hub, TTF and Japan – as well as indicative oil-indexed contract prices for Europe and Asia. We also now provide monthly forecast prices 2018-2040. For details on key changes and highlights from the H1 2019 update please see our Global Gas Service Highlights H1 2019