LNG Demand Shift to Developing Nations Is Transforming the Market
With cash-strapped countries more sensitive to price, suppliers shouldn’t take growth there for granted.
A liquefied natural gas terminal on Zhoushan Island, Zhejiang province, China.
Photographer: Qilai Shen/Bloomberg
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, senior reporter Stephen Stapczynski considers how a new cohort of LNG buyers is likely to transform the 60-year-old market. To get this newsletter in your inbox, click here.
The fossil-fuel industry has long touted natural gas as a reliable bridge to a low-carbon world. But as the main sources of demand shift to emerging markets, affordability will play a greater role in the commodity’s future.