LNG Contract Prices Expected to Drop: S&P Global

29 Apr 2024 CW Team

S&P Global forecasts a decline in liquefied natural gas (LNG) contract prices due to oversupply and overinvestment in the market. This projection reflects ongoing market dynamics influenced by factors such as increased production capacity and subdued demand growth.

The oversupply of LNG, coupled with significant investments in LNG infrastructure and production facilities, has led to an imbalance between supply and demand. As a result, LNG contract prices are expected to face downward pressure in the near term, presenting challenges for producers and suppliers.

The decline in LNG contract prices could have wide-ranging implications for stakeholders in the LNG value chain, including producers, exporters, and importers. Producers may face reduced revenues and profitability, while importers may benefit from lower procurement costs.

S&P Global's analysis highlights the importance of supply-demand dynamics and investment decisions in shaping LNG market trends. While oversupply poses short-term challenges, it also presents opportunities for market participants to adapt strategies and optimise operations to navigate the evolving landscape.

The projected decline in LNG contract prices underscores the need for market participants to closely monitor market developments and adjust strategies accordingly. Proactive measures, such as optimising production levels, diversifying markets, and exploring innovative pricing mechanisms, may help mitigate the impact of price fluctuations on business performance.

Overall, S&P Global's outlook on LNG contract prices reflects the complex interplay of supply and demand dynamics in the global LNG market. As the industry continues to evolve, stakeholders must remain agile and responsive to emerging trends to maintain competitiveness and ensure sustainable growth.

Infrastructure Urban

16 Oct 2025

Shivraj Singh Chouhan inaugurates ICAR-IIMR admin block in Ludhiana

Union Agriculture Minister Shri Shivraj Singh Chouhan recently inaugurated the administrative building at the Indian Council of Agricultural Research – Indian Institute of Maize Research (ICAR-IIMR) in Ludhiana, Punjab. During the visit, he interacted with maize stakeholders, farmers, rural development scheme beneficiaries, and women self-help group (SHG) members. He said that under the leadership of Prime Minister Narendra Modi, the government’s key goals include boosting foodgrain production, reducing input costs, and improving farmers’ incomes. He highlighted the importance of div..

Google to Build Rs 10,000 Cr Data Centre in Visakhapatnam

In a major boost to India’s digital infrastructure, Google will establish a 1-GW hyperscale data centre and Artificial Intelligence (AI) hub in Visakhapatnam, Andhra Pradesh. The project, valued at Rs 100 billion, is expected to significantly contribute to the state’s economy and create more than 20,000 direct and indirect employment opportunities. Union Minister of State for External Affairs and Education, Dr Pemmasani Chandrasekhar, highlighted that this landmark investment by Google will help position Andhra Pradesh as a prominent digital hub under the “Swarandhra Pradesh” vision. ..

TCIL honoured with HR Excellence Award 2025

Telecommunications Consultants India Limited (TCIL), a Miniratna Schedule ‘A’ PSU under the Department of Telecommunications, has been honoured with the HR Excellence Award at the Fortune Leadership Awards 2025, held at Radisson Blu Plaza, Delhi. The accolade acknowledges TCIL’s outstanding HR practices promoting employee development, innovation, and inclusivity. The award was presented by Dr. Dinesh Upadhyay, Former Member, Ministry of AYUSH, and Shri M. S. Nethrapal, IRS, and received by Shri P. Suresh Babu, CGM (HR), in the presence of distinguished leaders from various sectors. Bet..