Law360, New York (February 13, 2015, 11:17 AM EST) -- The only constant in the liquefied natural gas industry again appears to be change — unpredictable change. The LNG supply and demand balance shifted in 2014 as LNG supply appears, at least temporarily, to have surpassed demand. Other conditions also seem favorable to LNG buyers as oil prices start the year at 50 percent of the level a year ago and at least eight LNG export projects are scheduled to come on line just this year.[1] Although the current focus is on oil price levels, the LNG industry is influenced by numerous other factors, from technological to political, and changes in any one factor may affect the entire LNG market. This article examines some of the top questions that the LNG industry may face in 2015....
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