Global LNG Glut Could Upend Prices by 2026

By Tsvetana Paraskova – Oilprice.com

Global LNG supply is rising and growth will accelerate in the next two years as major projects in the top exporters, the United States and China, come on stream.

Supply growth is set to outpace the global LNG demand increase, leading to an oversupplied market from the end of 2026 onwards, analysts say.

The coming glut will likely depress spot LNG prices in Asia, where the price-sensitive buyers such as South Asian importers India, Pakistan, and Bangladesh could benefit from the price drop and boost demand.