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Global Financial Meltdown Will Slow Down LNG Industry Growth till 2011
GlobalData , June 2009, Pages: 17
Global Financial Meltdown Will Slow Down LNG Industry Growth till 2011
Summary
The current global economic slowdown has led to a decline in LNG imports and spot LNG purchases of most countries. Decline in LNG demand coupled with steady LNG production will lead to a LNG supply surplus to 2011-12. Even major importing companies like Osaka Gas Co., Ltd and Chinese petroleum Corporation have stopped or postponed spot purchases of LNG due to poor demand forecasts.
Scope
- GlobalData viewpoints cover the latest events or important trends in the global oil and gas industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and Our views of various developments that have been taking place in the oil and gas industry across the world.
Reasons to buy
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- Gain a strong understanding of the energy market and analyze the major trends in the global oil and gas industry today
- Identify opportunities and challenges with the help of our analysis of the latest news and deals in the oil and gas industry
- Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events
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