Our Take: Majors to Slow LNG Buildout

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The global LNG market is expected to be robust over the long term. But Energy Intelligence sees near-term market fundamentals, further capital austerity and strategic reshuffling curbing the Western majors’ appetite for additional capacity. Qatar’s long-awaited expansion award remains coveted by most majors, but we see non-majors leading most project sanctions outside the LNG giant next year.

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