- Energy Transition: Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’
- Africa: BW Offshore wraps up much-anticipated sale of Nigerian FPSO
- Senegal: European JV aims to revolutionize country’s power infrastructure
- Congo: Eni, Lukoil, and SNPC ink LNG sale and purchase agreement in a ‘significant milestone’
- Aramco CEO calls for ‘more realistic and robust’ multi-source plan in global energy transition
Industry Analysis: How Natural Gas Prices Could Double In 2019?
Summary Natural gas bears have only focused on production, while ignoring the faster growth in demand. I show the temporary factor responsible for 2018’s production growth that will dissipate next year. As production growth slows and new demand sources come online, I predict a major gas supply shortage and higher prices in 2019.
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