Skip to main content

Shell predict global LNG trade increase of 11%

Published by
LNG Industry,


Reuters are reporting that, according to an annual LNG report by Royal Dutch Shell, global LNG trade will experience an increase of 11% to 354 million t this year.

Shell’s report states that trade had risen in 2018 by 27 million t, and that 16 million t of this figure was accounted for by Chinese demand growth.

Looking to the future, Shell forecasts LNG demand increasing to 384 million t in 2020. This forecast takes into account the new production facilities being brought online in Australia, the US and Russia, in addition to the increasing number of countries becoming LNG importers and building LNG receiving terminals.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/25022019/shell-predict-global-lng-trade-increase-of-11/

You might also like

LNG Fuel 2020

LNG Fuel 2020

LNG Fuel 2020 is an online conference for professionals in the 'LNG as a marine fuel' sector. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):


 

LNG Industry is not responsible for the content of external internet sites.