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The Nexus
BUSINESSJul 14 · 12:13 UTCSEMAFORTim McDonnell

Global market faces LNG glut, while US forecasts shortfall

The global liquefied natural gas (LNG) market is projected to face an oversupply of over 100 million tons by 2031 due to new terminals, while the US is expected to experience a gas supply deficit by 2028 as LNG exports grow rapidly. The reports highlight a reversal of recent global gas market dynamics, with the US shifting from a major supplier to a net importer.

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