Desperately scrambling for non-Russian gas supply to keep the lights and heating on this winter, Europe is driving a surge in liquefied natural gas (LNG) imports and prices. The near-term economics of LNG projects are appealing. But if the EU is set to achieve its target to reduce overall gas consumption by 30% by the end of this decade, some LNG infrastructure—both in importing and exporting countries—could become stranded assets.
Instead of providing LNG for decades to come, some projects may not be needed…LNG Exporters Face Risk Of Stranded Assets Despite Current Demand Boom
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