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LNG demand-supply gap to be plugged sooner than expected
Sep 10:
The demand graph for LNG has seen three upward revisions over the last three quarters
8As a consequence, the point in time when the oversupply situation turns into a deficit has been advanced.
8The point is now nearer than it had ever been in the past. Prices are expected to firm up from that point onwards.
8And this can be a massive bonanza for both ONGC and RIL-BP, whose investments are going start flowing in from 2020 onwards
Click on Reports for more
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8As a consequence, the point in time when the oversupply situation turns into a deficit has been advanced.
8The point is now nearer than it had ever been in the past. Prices are expected to firm up from that point onwards.
8And this can be a massive bonanza for both ONGC and RIL-BP, whose investments are going start flowing in from 2020 onwards
Click on Reports for more
