Second wave of COVID-19 danger to LNG FIDs: WoodMac

LNG projects that haven’t reached final investment decision could be pushed out further if a second wave of COVID-19 takes hold and dampens oil and gas demand while lowering prices further after their incremental rebound over recent months. 

Second wave of COVID-19 danger to LNG FIDs: WoodMac Second wave of COVID-19 danger to LNG FIDs: WoodMac Second wave of COVID-19 danger to LNG FIDs: WoodMac Second wave of COVID-19 danger to LNG FIDs: WoodMac Second wave of COVID-19 danger to LNG FIDs: WoodMac
Wood Mackenzie data shows a second wave of large-scale lockdowns would reduce global gas demand by 4.5% over last year.