Multibillion-dollar gas projects in jeopardy as global market collapses

Plans for new terminals may be abandoned because of glut of fossil fuel supply, says study

A multibillion-dollar pipeline of projects aiming to ship gas around the world on giant tankers could be in jeopardy because of a collapse in the global gas market, according to a report.

A study by Global Energy Monitor has found that spending on new gas terminals needed to ship super-chilled liquified natural gas (LNG) on seaborne tankers has more than doubled in the past year, from $82.8bn (66.3bn) to $196.1bn.