Commodity Market Report

LNG short-term trade and price outlook (Q1 2020)

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While the collapse of LNG prices towards US production breakevens was foreseeable, the narrative for the rest of 2020 could not be more unpredictable. An already oversupplied LNG market comes out of a mild winter with high inventories across Europe and Asia, only to face a global pandemic which has already destroyed gas demand across China and looks increasingly set to do the same across Europe. Our short-term outlook Q1 2020 provides a deep dive into the following dynamics: What will balance the market during the oversupply in 2020? What is the impact of coronavirus on LNG? Could low oil prices provide hope for a recovery?

Table of contents

  • A black swan event hits at the worst possible time, but could the resulting low oil prices also provide a way out of the oversupply for the LNG market?
  • NEW! The main deliverable is now in a presentation format

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    LNG short term outlook Q1 2020.xlsx

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    LNG short-term outlook Q1 2020.pdf

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    LNG short term demand Q1 2020.pdf

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