国金证券：全球天然气市场进入LNG驱动新阶段价格中枢将下移

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智通财经APP获悉，国金证券发布研报称，2020-2024年市场经历完整周期轮回，2025年呈现结构性紧平衡。2026年起全球进入LNG“超级扩张周期”，供应端向“美卡双核”重塑，需求端温和增长且区域分化。市场将从紧平衡转向宽松，带动欧洲与亚洲气价中枢下行。同时，美国市场因出口与电力需求强劲，价格将步入上行周期。国金证券主要观点如下：回顾与现状：周期轮回与紧平衡格局2020-2024年全球天然气...

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href=http://www.zhitongcaijing.com/content/detail/1399546.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，国金证券发布研报称，2020-2024年市场经历完整周期轮回，2025年呈现结构性紧平衡。2026年起全球进入LNG“超级扩张周期”，供应端向“美卡双核”重塑，需求端温和增长且区域分化。市场将从紧平衡转向宽松，带动欧洲与亚洲气价中枢下行。同时，美国市场因出口与电力需求强劲，价格将步入上行周期。国金证券主要观点如下：回顾与现状：周期轮回与紧平衡格局2020-2024年全球天然气...</p>\n\n<a 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国金证券：全球天然气市场进入LNG驱动新阶段 价格中枢将下移

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国金证券：全球天然气市场进入LNG驱动新阶段价格中枢将下移