LNG Trade Dynamics and Market Risks
in Collaboration SynMax
Wednesday 15 November 2023, Virtual Event
- 18:00 Riyadh
- 16:00 Paris
- 15:00 London
- 10:00 Washington D.C.
The global liquefied natural gas (LNG) market has experienced a remarkable transformation in recent years, undergoing both significant challenges and moments of resilience. Geopolitical events, such as Russia's invasion of Ukraine, have forced the market to adapt rapidly. In the face of these challenges, the LNG market has proven to be a dynamic and adaptable energy source.
Global trade in LNG hit a record high in 2022 and is expected to grow by another 25 percent to 500 million tons annually in five years. As the world navigates towards ambitious climate goals, a cooperative approach is essential, one which prioritizes universal access to affordable energy, acknowledging the pivotal role natural gas, particularly LNG, has to play in the energy transition.
The IEF, in conjunction with SynMax, have produced a report on LNG Trade Dynamics and Market Risks and presented the findings at this virtual event, livestreamed to the public on IEF digital channels.
Guest Speakers
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Joseph McMonigle
Secretary General, IEF -
Allyson Cutright
Senior Energy Markets Analyst, IEF -
Leslie Palti-Guzman
Head of Research and Market Intelligence, SynMax