3 May 2024
‘The US LNG permit pause has been overblown’: LSEG senior analyst Olumide Ajayi
Publication date: 06 March 2024
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All seems peaceful on the LNG market front, despite shipping setbacks caused by disruption in the Red Sea and Panama Canal, as well as concern brought on by the White House’s decision in January to pause new export permits for US LNG projects – a move that drew criticism from many corners of the LNG business. While the market seems well-balanced for now, London Stock Exchange Group (LSEG) senior LNG analyst Olumide Ajayi expects Chinese demand to dictate how the market evolves in the short term.