IEA

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The context for global gas markets is changing rapidly, raising new challenges for industry and policy makers alike. The slowdown in Asian gas demand that started in 2014 intensified in 2015, prompting a rare decline in the region’s LNG imports and pushing prices to new lows. As the world prepares to welcome a large wave of new LNG projects, market players are left with one burning question: where will all that gas go? The Medium-Term Gas Market Report 2016 assesses these trends and provides a detailed analysis of global demand supply and trade development through 2021. It also explores the links between today’s oversupply and emerging shifts in trade patterns, pricing mechanisms and market structures that have the potential to substantially reshape the global gas industry over the next few years.