Natural Gas Prices to Fall 30% Next Year: Sikorski

The video discusses the relationship between gas and oil prices, highlighting the expected 30% drop in gas prices due to oil price declines. It explores the growing spot market for gas and the impact of increased LNG supply from Australia and the US. The video also examines Russia's role in the gas market, changes in contract structures, and the long-term outlook for gas supply, predicting a five-year period of oversupply.

What is the expected percentage decrease in gas prices next year due to the drop in oil prices?

• 30%

• 20%

• 40%

• 10%

Which regions are expected to benefit the most from the decrease in gas prices?

• Northeast Asia and Europe

• North America and South America

• Australia and New Zealand

• Africa and the Middle East

What challenge does Russia face in the gas market due to increased LNG supply?

• Competition with LNG for market share

• Decreasing demand for gas

• Lack of gas reserves

• Increasing oil prices

How long is the expected period of gas oversupply due to new LNG projects?

• Three years

• Five years

• Two years

• Ten years

Which countries are contributing to the increased LNG supply in the coming years?

• Brazil and Argentina

• China and India

• Australia and the US

• Russia and Canada