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.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..