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08 April 2020

Covid-19: The seismic economic impact on the LNG industry

Jayesh Parmar

Jayesh Parmar
Partner | Energy markets and analytics | London

Peter Thompson

Peter Thompson
Director | Energy markets and analytics | London

The seismic economic impact of the Covid-19 virus, combined with the market shock created by collapsed natural gas and oil prices has left the LNG industry in a state of extreme stress and change. Whilst the LNG supply surplus was somewhat predictable given the sheer volume of new supply projects entering the market, the combination with the global contagion and oil price collapse has created a profound impact – certainly in the short term, and potentially in the medium and long term too.

Jayesh Parmar, Mashal Jaffery and Peter Thompson analyse this below:

For more information, please contact LNG@baringa.com

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Covid-19: The seismic economic impact on the LNG industry

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