2019 LNG Market Outlook

Is the tide turning on global LNG?

Global LNG supply soared to 432bcm in 2018 as nine new liquefaction projects came online. With China taking the lead, Asian importers absorbed the ramp up in supply through the first nine months of the year. 

However, sentiment turned in the traditionally busy fourth quarter when LNG supply surged, oil prices plunged and a mild start to winter reduced Asia’s appetite for spot cargoes. These weak fundamentals took their toll on the Asian spot price, which retreated from highs of $11.55/MMBtu in September to $8.80/MMBtu at the turn of the year. 

In this webinar, we shared our view on whether the weak conditions that turned out late last year will continue into 2019 and the potential implications for the Asian spot price. Against a backdrop of slowing economic growth and an ongoing trade war with the United States, we pay particular attention to China’s appetite for LNG this year and discuss the potential upside and downside risks for demand. 

This webinar examined: 

  • A look back at 2018: global LNG supply, demand and price developments
  • Country-by-country LNG supply and demand forecasts for 2019
  • Chinese LNG demand scenarios
  • Market balance, risks to the forecast and outlook for the Asian spot price

Webinar info - EMEA/Asia edition
(Click here for the Americas edition)

  • Date

    Tuesday, 12 February 2019
  • Time

    09:00 GMT / 10:00 CET / 13:00 GST / 17:00 SGT
  • Duration

    One hour


Anne Katrin Brevik Director of LNG Research, Refinitiv Natural Gas & LNG Research


Anne Kat Brevik is the Director of LNG Research in the Natural Gas & LNG Research team at Refinitiv. Anne Kat is engaged in building up the Global LNG Market service and developing market analysis and forecasts, with particular emphasis on LNG market dynamics and the development of Asian LNG markets. Prior to joining the Global LNG team in 2013 she worked as a Commercial Manager in Thomson Reuters Point Carbon team.

Prior to joining Thomson Reuters in 2005, Anne Kat spent 10 years working in Norsk Hydro where she held several positions; as Head of the Nordic and Continental Power Market Analysis Team, Senior Analyst of Oil and Gas Markets, and Negotiator of Long-term Gas Contracts. Prior to this she spent seven years in the shipping industry.

Anne Kat holds an MSc in Petroleum Economics from the University of Bergen, Norway.

Laura Page Lead LNG Analyst, Refinitiv Natural Gas & LNG Research 


Laura Page is the Lead LNG Analyst in the Refinitiv Natural Gas & LNG Research team. She has been analysing commodity markets since 2011 and joined Thomson Reuters in 2017 as Lead LNG Analyst.

Previously, Laura worked as Deputy Editor of Argus’ LNG Daily report, which provides global spot price assessments, news, analysis and shipping coverage of the LNG market. Prior to that, she worked as an aluminium market analyst for CRU, where she became Editor of the company’s monthly Aluminium Monitor publication.

Laura holds a Master's in Economics from the University of Exeter.

Nilesh Agnihotri LNG Analyst, Refinitiv Natural Gas & LNG Research


Nilesh Agnihotri has been working in the LNG space since September 2013. He joined the Refinitiv Natural Gas & LNG Research team (formerly Thomson Reuters Financial and Risk business) in 2018 as an LNG Analyst.

Prior to Refinitiv, Nilesh worked as LNG Analyst at Eclipse Energy Group and S&P Global Platts Analytics focusing on LNG supply/demand fundamentals and price outlook.

Nilesh holds a Master's degree in Physics from University College London.

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