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The impact of LNGs in the Middle Eastern Markets
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Liquefied Natural Gas (LNG) has grown in importance, and within Middle East and North Africa (MENA) markets, Qatar and Algeria are among the largest exporters globally. Oil price volatility has significantly impacted the LNG market making it more affordable for countries across the globe. Asian markets in particular have seen an increased demand for LNG, especially China as they address environmental concerns. Vietnam, India and Thailand, have also shown a growing preference for LNG and governments are rethinking policies to meet consumption needs.
In this episode of MENA Talks, Anne-Katrin Brevik, Global Head of Research and Forecasting for LNG at Thomson Reuters, discusses the market outlook, trade flow activity, the impact on long-term contracts and the future for LNG.
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