How coronavirus and the oil price crash will hit global LNG supply growth

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Coronavirus and the oil price crash will have long lasting implications for global LNG supply. In the short term, maintenance is being deferred and some high cost projects are reducing production. Longer term, Coronavirus is creating challenges for construction of new projects both on-site and along the supply chain. The oil price crash is forcing operators to scrutinise their capital budgets and defer investments, creating delays to both new projects and additional developments at operational facilities. Consequently we are lowering our supply forecast, with the biggest impact in the 2025-27 period. Global LNG supply is likely to be at least 5% less in this period compared to our previous forecast.

Table of contents

  • Executive Summary

Tables and charts

This report includes 4 images and tables including:

  • Summary of the impact
  • Report Agenda
  • LNG supply at risk due to low prices
  • Impact of delays to pre FID projects

What's included

This report contains:

  • Document

    How coronavirus and the oil price crash will hit global LNG supply growth.pdf

    PDF 1.69 MB