‘The exact start date will impact the gas balances and supplies,’ TotalEnergies’ Senior Vice President for LNG Gregory Joffroy said on Tuesday
The next wave of liquefied natural gas supply will come online from 2027, later than the earlier forecast of 2025, due to project delays, TotalEnergies’“On the midterm , we see some LNG projects that were due to come on-stream in the coming months have been delayed. The exact start date will impact the gas balances and supplies,” Joffroy said at the Asia Gas Markets conference.In the U.S.
Joffroy said he expects LNG demand to be higher in 2035 from current consumption levels, as utilities that are still consuming coal will switch to gas-fired power generation and with the development of renewables. Study and track financial data on any traded entity: click to open the full quote page. Data updated as ofCanadian natural gas firms eager for LNG boom to swamp market with excess supplyCanadian natural gas firms eager for LNG boom to swamp market with excess supply
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