In spite of the resurging COVID-19 global cases at unprecedented levels, LNG was among the top performers in Q3.
Having surged so high of late, energy analysts envisage LNG’s prices to hold at around $5/MMBTu (a standard gas measurement) through the end of 2020.
That said, investors are also very hopeful of strong LNG demand in Q4 as emerged markets, especially in the Nothern hemisphere, head for winter. This means more liquified natural gas would be required to warm its citizens, thereby further increasing demand among the spectrum.
Source: nairametrics, October 15 2020