November 6, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The coming years look to be difficult for companies in the early stages of developing liquefied natural gas (LNG) terminals, as new worldwide export capacity is expected to swamp demand growth, putting downward pressure on prices and profitability, according to a recent report from the International Energy Agency (IEA) (Paris, France).

IEA's "World Energy Outlook 2024" (WEO 2024), released October 16, devoted considerable space to natural gas issues, specifically how the next 25 years of the global LNG trade could play out.