Global Gas Glut to Be Delayed by Another Year
Markets were supposed to be flooded with LNG by 2025, but hiccups at new projects might postpone their start.
Gas storage tanks at the Gate LNG import terminal at the Port of Rotterdam in the Netherlands.
Photographer: Peter Boer/BloombergWelcome to Energy Daily, our guide to the energy and commodities powering the world economy. Today, senior reporter Stephen Stapczynski writes about why a global gas glut may not happen as soon as anticipated. For a story on Berliners embracing balcony solar modules, read this. To get this newsletter in your inbox, sign up here.
A wave of new liquefied natural gas projects that was supposed to flood the global market from next year now looks like it might not eventuate until at least 2026.