Commodity market report

Global gas markets long-term outlook - China - H2 2015

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Report summary

Major weakness in China's macro economic and commodity data though 2015 has led to revisions in both short term and long term commodity demand forecasts. For natural gas and LNG industrial overcapacity low oil prices and the structural shift towards services turned what looked like headwinds in early 2015 into a perfect storm. As a result our 2025 view of demand has been significanlty reduced with material changes also to our LNG outlook.

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