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3 days agoGlobal LNG glut looms as supply surge shifts market dynamics
International Energy Agency Executive Director Fatih Birol warned that a wave of new liquefied-natural-gas (LNG) supply entering the market this year and next is transforming what was once a sellers’ market into a buyers’ market. The increased supply is expected to push LNG prices lower — a favourable development for major Asian importers. Additionally, Birol noted that power demand from data centres and air conditioning is rising, and nuclear power is staging a comeback via small modular reactors and life-extensions of existing plants.
mixed
3 days agoGlobal LNG glut looms as supply surge shifts market dynamics
International Energy Agency Executive Director Fatih Birol warned that a wave of new liquefied-natural-gas (LNG) supply entering the market this year and next is transforming what was once a sellers’ market into a buyers’ market. The increased supply is expected to push LNG prices lower — a favourable development for major Asian importers. Additionally, Birol noted that power demand from data centres and air conditioning is rising, and nuclear power is staging a comeback via small modular reactors and life-extensions of existing plants.
mixed
Global LNG glut looms as supply surge shifts market dynamics
4 days ago
1 min read
83 words
IEA warns LNG supply surge will shift market power to buyers, forcing lower prices — positive for Asian importers, pressure on suppliers.
International Energy Agency Executive Director Fatih Birol warned that a wave of new liquefied-natural-gas (LNG) supply entering the market this year and next is transforming what was once a sellers’ market into a buyers’ market. The increased supply is expected to push LNG prices lower — a favourable development for major Asian importers. Additionally, Birol noted that power demand from data centres and air conditioning is rising, and nuclear power is staging a comeback via small modular reactors and life-extensions of existing plants.
International Energy Agency Executive Director Fatih Birol warned that a wave of new liquefied-natural-gas (LNG) supply entering the market this year and next is transforming what was once a sellers’ market into a buyers’ market. The increased supply is expected to push LNG prices lower — a favourable development for major Asian importers. Additionally, Birol noted that power demand from data centres and air conditioning is rising, and nuclear power is staging a comeback via small modular reactors and life-extensions of existing plants.
Tags:
energy
LNG
energy
LNG
commodities
Asia
IEA
Oct 27, 2025 • 05:34 IST