The world changed in 2020. An outbreak of Covid-19 turned into a worldwide pandemic followed by the Russian invasion of Ukraine just two years later. Two black swan events in the span of 24 months. After the Pandemic dives into the lessons learned from this unprecedented combination of events.
Numerous trends are covered including volatile prices, the post-pandemic slump, increasing exports, the jump in European demand, and the pressures of decarbonization. This book considers the implications of these trends and sets the stage by looking at the fundamental changes in the industry that have occurred over the past decade. This new LNG landscape may help us discern where the industry’s future lies. Despite the rhetoric, LNG is here to stay.
CoverageThe OutbreakCovid 19 and the Oil and Gas MarketsThe Economic Impact of Global Efforts to Control the Covid-19 PandemicThe Oil Price WarThe Initial Impact on Natural Gas and the LNG MarketUS LNG Producers Build a New Industry and Business Model—and Save the MarketThe Rise of the LNG GiantsLNG Shipping Adapts to the CrisisNatural Gas and LNG—The Growing Environmental ChallengesThe Road to RecoveryLessons LearnedFeatures and BenefitsA comprehensive review of the global LNG market during the aftermath of the pandemic and the Russian invasion of Ukraine.The book discusses the industry’s relatively successful response to the drop in global gas demand and the collapse of oil prices, followed by its rebound in the runup to and in the wake of the Ukraine crisis.The factors behind LNG’s newly demonstrated flexibility are analyzed and placed in the context of the longer-term outlook.A comprehensive overview of the headwinds likely to be caused by the drive for decarbonization of the world’s energy supply chains.AudienceAnalysts and commercialization teamsTrading desksManagementEnergy lending and finance professionalsPolicy makers facing newly complex energy decisionsAnyone who seeks to understand the dynamics of, or relies upon, energyStudents