Abstract
Overview
Introduction
As the role of LNG continues to grow rapidly in both the US and Europe,
convergence between the two markets grows. Formerly completely separate and
distinct markets responding to autonomous market signals, this convergence
will continue to grow as future market fundamentals shift and LNG supplies
compete for markets on both sides of the Atlantic.
Scope
- data on growth rates in national energy consumption
- global perspective on the drivers for LNG production and supply
- insight into the likely gas and power trading hubs developing within the EU
- knowledge of the relationships between GDP and energy consumption growth
rates internationally
Report Highlights
Central and Eastern Europe are increasingly the main areas of demand growth
within Europe as their high rates of economic growth impact requirements for
both gas and power. With per capita consumption at levels well below those
seen in more mature markets there is no shortage of future growth potential.
There is significant differences both in the current state of energy markets
as well as in the potential future developments within these market. There are
geographic, historical and economic reasons for these differences that ongoing
market liberalisation is likely to only partially normalise.
As natural gas market fundamentals in both Europe and the US have been
dominated by infrastructure build, the high growth rate in the international
market for LNG is an important development as gas is able to be delivered in
the absence of, or indeed in addition to, pipeline gas supplies.
Reasons to Purchase
- understand the implications of continued growth in global LNG trading
- detail stages of market opening and its effect on different segments of
energy markets
- show existing trading hubs within the EU as well as likely future locations