Weakening power and industrial demand due to stay-at-home and lockdown orders have caused an already oversupplied LNG market to show additional signs of stress with low spot prices, cargo cancellations and deferments. The larger fallout in the global economy is creating additional uncertainty for the recovery in natural gas demand.
Topics to be discussed:
• Monthly forecast for LNG demand in Northeast Asia and India
• Storage scenarios for the European market, when does it fill up?
• Expected impact of decreased demand on US suppliers
• Scenarios on supply reductions for the rest of the world
Presented by Business Intelligence Forecasting Manager Kristen Holmquist