Mozambique Delays Could Disrupt Global LNG Market ...Middle East

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Mozambique Delays Could Disrupt Global LNG Market
source : OILPRICE ( Middle East ) () 9
The global liquefied natural gas (LNG) market, which was set to be constantly loose in the second part of this decade, is instead set to get tighter and could even see annual supply deficits as a result of likely delays in the development of LNG projects in Mozambique due to the country’s worsening security situation, a Rystad Energy report reveals. Mozambique was once poised to catapult into the upper ranks of global LNG producers by the middle of this decade, but Total’s recent force majeure declaration signals indefinite delays on…

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