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LNG supply: Glut will end only in the second half of 2020
Jun 07: A June, 2017 projection indicates that the current LNG supply glut will not end in the early 2020s.
8In fact it will continue until 2025
8For even though there is over supply, low cost producers in Qatar and the US are going ahead with more LNG projects
8The rebalancing of the market will happen in the second half of 2020s
8There are going to be some shutdown of high cost capacity, the report claims.
8Meanwhile, new trends are emerging in the LNG market, with LNG buyers competing directly with primary suppliers of the product.
8The contractual system is breaking down as well
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