Total Takes The Long-Term View On Global LNG Markets

The global LNG industry is in flux. Australia is close to replacing Qatar as the world’s number one supplier with the US also on the way to becoming a major exporter. This greater competition between suppliers has wiped out – at least for now – the premium spot supplies can command in key East Asian markets. But the 50% fall in crude prices over the past six months means that many proposed LNG export projects will be delayed – if not cancelled – as companies struggle to keep healthy balance sheets.

In a wide-ranging interview Total’s Senior LNG Advisor Guy Broggi tells MEES about the challenges and opportunities faced by the French major and its peers in the current market environment. (CONTINUED - 2796 WORDS)