Commodity market report
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7 Pages

Global LNG long-term outlook H2 2016

Global LNG long-term outlook H2 2016

Report summary

The second half of 2016 has seen a remarkable rise in spot LNG prices especially in Asia. Despite the start of eight LNG trains in 2016, supply has at times been insufficient due to unplanned supply outages coupled with strong demand from a warm summer and cold winter. As a result, spot LNG prices in Asia rose from a low of US$4.5/mmbtu to almost US$10/mmbtu by December 2016.

In 2016, 34 mmtpa of LNG capacity came online consisting of supply from Australia, US and Malaysia. With first LNG being exported from US, trade patterns have begun changing with US LNG flowing into Latin America, Middle East and Europe. Notably, Australia LNG is continuing to displace supply from the Atlantic and Middle Eastern region. This growth in supply has only started. Between 2017 and 2021, another 100 mmtpa of new supply will be delivered.

What's included?

This report includes 2 file(s)

  • Global LNG long-term outlook H2 2016 PDF - 302.11 KB 7 Pages, 0 Tables, 3 Figures
  • Global Outlook.xls XLS - 491.50 KB


As global energy demand rises, the market for liquefied natural gas (LNG) continues to expand. Set to increase by 50% between 2015 and 2020, the LNG market is one of the fastest growing in the world. This spectacular growth is transforming the market, with many new companies entering the sector and changing the industry landscape.

This LNG Long Term Outlook report provides an overview of LNG in the gas market.

LNG market participants and advisers can use this report to better understand the long-term role of this market in the global LNG business.

Offering bottom-up market analysis for over 150 LNG supply assets, 28 LNG-importing countries and more than 500 LNG contracts, Wood Mackenzie is the definitive and trusted resource for the LNG industry. We use our robust database and expert industry knowledge to help you understand the dynamics of the global LNG industry and identify emerging trends and opportunities.

  • Executive summary
    • Global LNG Supply
      • 2016 was the slowest year for FIDs since 2008
    • Global LNG Demand
    • Corporates taking the wheel to develop new demand
      • FSRUs as an enabler for LNG imports
      • Marine regulations will create a new class of LNG demand
      • Review of key LNG markets
    • Relevant reports
      • Guide to the downloads
      • Notes

In this report there are 3 tables or charts, including:

  • Executive summary
    • Liquefaction capacity vs. LNG demand (2000 to 2035)
    • LNG Final Investment Decisions (FIDs) by region (2004 to 2016)
    • LNG demand (2000 to 2035)
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