Is There a Need for More Investment in the LNG Industry?

There are just bottlenecks everywhere in the system, and that's being reflected in a lot of pricing. LNG offshore on a ship in northwest Europe trading something like $29 in MMBTU below the price of natural gas onshore in the pipeline at Dutch TTF. I think for the next five years, there will be quite a lot of dislocations until the industry can add more capacity.