What is the outlook for global LNG markets in 2017?

2017 will be another year of big change for the global LNG market as more new Australian production starts up and the momentum then swings to the US.

Concerns will persist on demand from East Asia, with nuclear plants likely to come back in Japan and South Korea while India will remain an alluring destination for LNG sellers as infrastructure develops and independent buyers come to the market.

In the Atlantic, the increased role of Henry Hub-linked LNG will influence pricing in the global market.

South American demand will remain volatile while Europe will offer a market of last resort, albeit with strong competition from Russian and Norwegian pipe gas.

Africa will continue to be an exciting region with new production planned from Cameroon and progress expected in Mozambique. The Middle East is set to absorb spot and short-term volumes.

Here is the ICIS outlook for the global LNG markets in 2017.

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