On My Mind: LNG and Gas Industry Musings by Vivek Chandra

The unimaginable has now happened – a conflict in the Gulfhas targeted energy targets with a potential to impact global energy markets. This episode, recorded during my travels in Singapore,examines the implications of unprecedented attacks on ports and shipping vessels, which may fundamentally alter international perceptions of regional energy supply reliability. While a short-term increase in oi...

In this episode, I take a broad look at the LNG industry’scurrent landscape. After years of volatility, we’re finally entering a period of stability where LNG is starting to resemble any other commodity. That’s a positive development. The market now includes numerous participants involved in producing, selling, trading, and purchasing LNG, and all are influenced bydemand, supply, and pricing trend...

On My Mind: Episode 49 – January 16, 2026 In this episode, we revisit the subject of the ‘Politicization’ of LNG. The LNG industry experienced significant global expansionduring the 1980s and 1990s. At that time, LNG export projects were primarily located in oil-producing countries with large national oil companies and operated or financed by international majors such as Shell, Total, and Exxon,am...

In this episode, I take a broad perspective to examine howlow oil prices are affecting the LNG and gas industry. I cover topics such as reduced supplies of associated gas (which could push feed gas prices higher), limited exploration budgets that may hinder discoveries of new gas sources, andless motivation for energy companies to develop stranded gas fields. Since much of the global gas market st...

On My Mind: Episode 47: November 6 2025 In this episode, two recent trends in the LNG industry arediscussed. The first is the increasing acceptance of cost overruns in project capital expenditure. Approximately a decade ago, as the US LNG export industry was developing, many projects targeted capex at $500/tonne or lower. Prior to this, some projects, such as Equatorial Guinea, achieved prices as...

In this episode, I pick up on last month’s conversationabout irrational optimism around LNG projects reaching FID.  I focus first on the US, which has seen five FIDs so farthis year —and another five could follow soon. Big projects are also being announced in Argentina, Canada, and possibly Mozambique, among other places. I'm sceptical that the market can easily absorb such large volumes of ne...

On My Mind: Episode 45: September 15 2025 In this episode, I take a more somber view of the industry than my normal optimistic view. I have recently returned from Gastech, the giant industry gathering that was held in Milan, Italy last week. Instead of positive thoughts, I left with a feeling of concern which can be summed up as 'Irrational Exuberance.' Much like the crazy dotcom era twent...