Government policy key to investors’ gas concerns
Slumping prices and imminent capacity expansion have dented investor confidence despite bullish long-term demand forecasts
Deregulation and government support are required to convince investors of the role for gas and LNG in the transition to a low-carbon economy, according to a panel at the Gastech Virtual Summit. “We are of the view of that there are bespoke solutions… [and] we will continue to see that globally,” says Anatol Feygin, chief commercial officer at Houston-based independent Cheniere, citing the US utility market in which 50 state regulators operate independently and each utility has its own regulatory arrangements. “There will not be a one-size-fits-all solution in either regulation or contract strategy.” November’s US presidential election will be pivotal as to whether Washington takes climate ch
Also in this section
4 October 2024
Economic ill-health may be a wake-up call to the world about the Asian nation’s shifting oil buying status
3 October 2024
The formation’s gas-to-oil ratio is set to keep rising, but new markets and midstream plans mean infrastructure constraints may not be an issue
2 October 2024
Geopolitical strife embroiling Iran and political corruption in Venezuela suggest little near-term change to oil production from either of the sanctioned states
1 October 2024
Our look into Petroleum Economist's archives continues with October 1960 coverage of another key moment in the history of oil and gas: the founding of OPEC