LNG Trade-flows in the Atlantic Basin: Trends and Discontinuities

This paper is written at a time of significant change in the markets which import Liquefied Natural Gas (LNG) for some or all of their natural gas requirements. In 2009, the weak natural gas demand (a consequence of the global economic recession) observed in key Asian LNG importing countries, Europe and North America provided an uncomfortable backdrop for still burgeoning US domestic gas production and the imminent surge in global LNG supply as liquefaction projects, which achieved financial sanction some 4 or 5 years previously, commenced production.