Latest Analysis /
East of Suez Gas Service
GI #334-Middle East LNG Outlook in 2020: Weak Demand Despite Low Prices
Published: 16 June, 2020
Highlights:
- Bahrain has no plans to import LNG in 2020 despite low LNG prices. The Kingdom’s gas market is expected to shrink by 7% this year due to the pandemic.
- Spot LNG purchases by Dubai are expected to be 1.0-1.2 mt for 2020. Dubai holds its imported gas in the Margham underground gas storage for ...
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