Gas Is Still Too Expensive for the World’s Emerging Economies
A supply surge starting in 2027 is expected to bring down fuel costs for nascent importers such as India. What if that doesn’t happen?
A liquefied natural gas tanker docked at Cheniere's Sabine Pass LNG export terminal in Louisiana.
Photographer: Callaghan O'Hare/BloombergWelcome to our guide to the commodities powering the economy. Today, energy reporter Stephen Stapczynski looks at the emerging world’s risky gas price assumptions.
At India’s biggest annual energy gathering, company executives and government officials this week competed to extol the country’s potential to become a major gas importer once prices eventually fall. That may be a risky assumption.
In principle, demand prospects are good. The world’s fastest-growing major economy is vast, infrastructure is slowly improving and there is policy support.