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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Shell lights blue touch paper on LNG demand growth
Shell expects global demand for liquified natural gas to rise by at least 60% in the next decade, with China the main consumer. Despite strong demand growth, prices for the super-cooled and compressed gas are under pressure by a growing number of suppliers battling for position in Asia, the world's biggest LNG market. Current world usage of LNG is about 110m tonnes and could grow by 70 to 100m tonnes.in the next 10 years.
News Item details
Websites:
http://www.lloydslist.com
Keywords: LNG
Organisation: Shell
Subjects: Trading, Energy consumption, Paper pulp and print, Natural gas
