The International Energy Agency Expects a Massive Amount of LNG to Enter the Market Over the Next Five Years

According to Fatih Birol, Executive Director of the International Energy Agency, a new “wave” of liquefied natural gas (LNG) is expected to enter the global market over the next five years — adding approximately 300 billion cubic meters of new capacity. This is expected to significantly increase supply and put downward pressure on LNG prices.

 

Read more here:   https://www.reuters.com/business/energy/iea-expects-huge-amount-lng-reach-market-next-5-years-chief-says-2026-03-06/

Source: reuters.com