Commodity Market Report
Global gas markets long-term outlook 2019: Costs
This report is currently unavailable
Report summary
In this report, we look at how cost of gas evolves over the forecast period and how this impacts our view of gas pricing. Despite the short-term bearish price outlook and global economic rumblings, LNG suppliers are still taking a long-term bullish view of gas demand. A further 35 mmtpa of LNG projects have been sanctioned since the start of 2019, yet we forecast another 25 mmtpa of LNG supply is still required by 2025 to meet growing demand. With the US set to be the largest LNG supplier in the world by the mid-2020s, Henry Hub prices will play an important role in global gas and LNG prices.
Table of contents
- Methodology and assumptions
- Near term - market rebalancing and the cost of supply delivery
- Long term – opportunity still open for further supply
- Global LNG supply and demand delivered to Japan (2025)
- Global LNG supply and demand delivered to Japan (2030)
- Delivered cost to Europe
Tables and charts
This report includes 12 images and tables including:
- Chart 1: Russia gas to Europe via Nord Stream
- Chart 2: Russian revenue and piped exports (2020)
- Chart 3: Lower 48 gas breakevens through time
- Chart 4:European spot price vs. the delivered cost of US LNG
- Chart 5: Delivered cost of Norwegian gas to the UK (2022)
- Chart 6: Delivered cost of Algerian gas to Italy (2022)
- Chart 7: LNG cost stack for selected projects DES to Asia
- Chart 8: Global LNG supply and demand delivered to Japan (2025)
- Chart 9: Global LNG supply and demand delivered to Japan (2030)
- Chart 9: Northwest Europe cost of supply for select pre-FID projects (2030)
- Chart 10: Southern Europe cost of supply for select pre-FID projects (2030)
- Chart 11: Delivered cost to the UK, France, Netherlands, Belgium (2030)
What's included
This report contains:
Other reports you may be interested in
Insight
A delayed energy transition
3 ˚C warming pathway
$1,050
Commodity Market Report
LNG short-term analytics: Storage tracker
Updated tracking of global gas and LNG storage, with a monthly datapack.
$4,000
Insight
Global upstream fiscal terms database
In this easy-to-use Excel workbook we summarise over 150 countries’ fiscal terms for the latest exploration opportunities.
$1,350
