Gastech

Gas prices remain low despite the extraordinary increase in U.S. LNG exports. At Gastech, industry analysts warned that the gas industry may have trouble supplying more LNG terminals without leading to a spike in prices.

Attendees at Gastech agreed that gas will play a vital role in the energy transition. But uncertainty over the pace of demand was palpable. The future of LNG demand is highly uncertain, and the rapid uptake of renewable energy and battery storage around the world has raised some doubts about bullish forecasts for LNG.