Can U.S. LNG Compete In An Increasingly Crowded Market? ...Middle East

Economy by : (OILPRICE) -
The global LNG market has witnessed a remarkable period of growth and expansion where the proliferation of liquefaction technology and the rise of renewables has had a positive effect on the sector. The Covid-19 pandemic, however, shook the global economy, disrupted economic activities, and hit the LNG industry hard. With vaccination programs advancing in most industrialized countries, economies are carefully reopening and demand for commodities such as natural gas is on the rise again. Ever since fracking technology was applied on a massive scale…

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