By David Fessler Prior to 2020, there was a strong global demand for liquefied natural gas (LNG).
2019 saw a 13% year-over-year increase in global LNG trade. Total sales hit 354.7 million metric tons.
It was the sixth year in a row of LNG growth. Last year alone, the U.S. increased production by 13.1 million tons.
But black swan events can happen at any time… and they sure are disruptive.
Here’s what’s been transpiring in the natural gas space since the COVID-19 pandemic came on the scene…
Massive Demand Disruption
This past winter was mild and kept what would normally have been strong seasonal demand in check. Then the …read more