Global LNG supply expected to rise in 2023; demand uncertain


Global LNG supply may increase nearly 4 percent next year compared with 2022, says Clark Williams-Derry, analyst at the Institute for Energy Economics and Financial Analysis.

However, Reuters reports that the level of demand in 2023 will likely depend upon how long European Union countries will need to replace reduced natural gas supply from Russia.

Several LNG projects have underperformed in recent years or produced below their capacity. IEEFA is financed by global individual and philanthropic organizations, such as The Rockefeller Foundation. Read the entire story.