Warning? Please. LNG has been riding the boom-bust rollercoaster for over twenty years, maybe longer. The problem is obvious: these projects are leviathans—monstrous in size, ruinously expensive, and slow as glaciers to move from cocktail-napkin concept to the first shimmering drop of liquefied methane. And once they start spitting out the stuff, they’re chained to the baseload of all baseloads for decades just to claw back the investment.
Meanwhile, the market does what it has always done—convulses, fluctuates, mocks the spreadsheets. LNG has danced this dance before. The scars are there. But perhaps today’s LNG world has grown forgetful, lulled by its own arrogance.So we get armies of screen traders clicking away like caffeinated lab rats, while the seasoned LNG veterans are shoved into retirement without so much as a proper brain-dump. Genius. But then again, we live in the age of cultivated stupidity—so institutional amnesia is just business as usual.