US LNG developers face challenges advancing any new export projects this year amid the escalating coronavirus outbreak, which has exacerbated the drop in global demand that has already led to record-low prices in Asia.
Decision makers are lamenting that for the foreseeable future China’s door appears to be shut to US LNG, and that has put the sector in hunker-down mode as participants try to ride out the turmoil.
S&P Global Platts senior natural gas writer Harry Weber and senior digital editor Jason Lindquist discuss the challenges ahead.
Related Podcasts
Part 1: Volatility in global markets creates havoc for upstream US oil, gas and LNG
Part 2: Plunging oil prices, pandemic having dramatic downstream impact