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Westwood to launch the World LNG Market Forecast

Published by , Editor
LNG Industry,

In April, Westwood will be launching the World LNG Market Forecast with detailed analysis running through to 2022.

This release will also include the new LNG module for Westwood's online platform 'Sectors'. This will provide project by project listings including project owners and stakeholders, development timeline for each project, as well as project capacity and Capex information.

The LNG industry is emerging from a difficult period where the combination of a weak investment environment and oversupply of LNG led to the cancellation of several proposed LNG projects (mostly in Canada) over the past 24 months. A wave of new projects in Mozambique, Qatar, Russia, and the United States are expected to pass FID over the 2018 – 2019 period. This will drive investment in the construction of new terminals, as well as the expansion of existing terminals over the forecast period.

Whilst oversupply concerns remain, Westwood expects a strong demand outlook from Asia and a steady request for LNG from Europe to tighten the supply-demand gap by the first half of next decade.

In view of the dynamic situation driving investment, Westwood’s World LNG Market Forecast 2018 – 2022 examines the spend profile in the industry supported by insight and industry consultation.

Detailed analysis includes:

  • Macro-economic drivers and market trends.
  • LNG pricing and short-term trade.
  • Supply chain and contractors.
  • LNG demand – supply outlook.
  • LNG transportation.
  • Regional expenditure and capacity breakdown.

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