Positive picture is recorded in the world market gasas there is more and more offer to cover the growing demand. The new report by the International Energy Organization (IEA) states that LNG production is expected to boost 5.5% or 30 billion c. with a push of new projects in North America.
Gas demand is expected to increase slightly by 1% this year, but will reach a new historical high in 2026, accelerating with 2%. The good thing is that even more new productive projects in LNG will be put into operation that year, which will change the data and remove the narrowness we have experienced in recent years.
Based on the above, 2026 is expected to be better for ubiquitous consumers. Europe is likely to finally see lower gas prices, especially if fears of economic slowdown in China are confirmed, with which it competes with LNG loads.
Recall that the European gas price was at 2020 at a level of about 10 euros/MWh and after the energy crisis was consolidated over 30 euros. This has also affected the price of electricity, aggravating the competitiveness of European industries and businesses. A possible return on gas will work beneficial to the whole economy, eliminating a basic wound.
In addition to the above, we should also look at where things move longer in the long run. Despite the positive developments on the other side of the Atlantic in the next two years, later the situation has pose some new threats.
For example, the new LNG stations in the Gulf of Mexico is estimated will require more than 4 billion cubic feet of daily production by 2027. As shale production as a whole today reaches a plateau in America, they are doubtful whether they will be able to support all these quantities.
Another fundamental issue is the high demand for US data centers, mostly accompanied by natural gas power plants to operate. Today the interest in such investments is so intense that there is a lack of equipment for the construction of new power stations.
Thus, there is an additional demand for gas that will compete with LNG exports and can capture local prices upwards. Naturally, if they exceed a certain limit, then exports will begin to become unprofitable.
These scenarios are currently theoretically, but the reflection is already evident in the ranks of American analysts.