If the analysis by Cleverland and Constanza that Holmgren mentions is correct, presumably it implies that within a few years gas importing countries will be engaged in the same sort of furious bidding war for LNG imports that we are now seeing for oil imports. Likely the impact on prices will be similar - a several-fold increase in a very few years.
If the analysis by Cleverland and Constanza that Holmgren mentions is correct, presumably it implies that within a few years gas importing countries will be engaged in the same sort of furious bidding war for LNG imports that we are now seeing for oil imports. Likely the impact on prices will be similar - a several-fold increase in a very few years.
Already happening: "Global demand is forcing LNG suppliers to divert tankers from Britain to countries happy to pay more"