LNG price war could send natural gas into negative territory
LNG is way more susceptible to this than oil is actually as there is so little flexibility in the market. When many cargos fight for a slot just to dump the cargo, prices will just go south. This does not mean that hub prices will necessarily go south as well. Not more than they are already anyhow. Getting your cargo into the system is the challenge as there are not enough terminals in the only market that can absorb. North-Western Europe. As an LNG producer, I would help projects there to get underway. Insurance in a sense.
