BloombergNEF forecasts that the global liquefied natural gas (LNG) market will enter oversupply in 2028, later than the timing previously expected. The shift is attributed to disruptions linked to the war in the Middle East and to delays in major LNG projects, which together slow the pace at which new supply reaches the market. As a result, the emergence of a broader global glut is pushed back by about one year. The articles report that BloombergNEF’s update changes the expected oversupply timeline from an earlier projection to 2028, rather than the previously forecast year. The coverage highlights that geopolitical risk in the Middle East can affect LNG flows and development, while project delays reduce near-term additions to global capacity. Overall, both sources emphasize that the market outlook is being recalibrated based on timing—when additional LNG capacity becomes available—rather than a change in the longer-term direction toward oversupply. All statements are reported as BloombergNEF’s assessment.
Middle East conflict and LNG project delays push back expected LNG glut to 2028
BloombergNEF forecasts that the global liquefied natural gas (LNG) market will enter oversupply in 2028, later than the timing previously expected. The shift is attributed to disruptions linked to the...
- BloombergNEF forecasts LNG oversupply will begin in 2028.
- The oversupply timeline is delayed by about one year from a prior forecast.
- The war in the Middle East is cited as a factor contributing to the delay.
- Major LNG project delays are also cited as a factor.
- Both outlets attribute the updated outlook to BloombergNEF’s analysis.
The liquefied natural gas market will move into oversupply in 2028, a year later than previously forecast, as war in the Middle East and major project delays push back the emergence of a global glut, according to BloombergNEF.
4 hours agoThe liquefied natural gas market will move into oversupply in 2028, a year later than previously forecast, as war in the Middle East and major project delays push back the emergence of a global glut, according to BloombergNEF.
4 hours ago
AngioDynamics reports quarterly earnings and revenue above analyst estimates
AngioDynamics reports a quarterly results update in which both earnings per share (EPS) and revenue come in above analys...
PSX KSE-100 falls amid Middle East tensions and oil price spikes
Pakistan Stock Exchange (PSX) benchmark index KSE-100 trades lower across multiple sessions, with declines attributed to...
Top CD, high-yield savings, and money market rates listed in late June to July 2026
Several Yahoo Finance rate roundups publish changing offers for deposit accounts across late June and early July 2026. T...