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Tuesday 27 February 2018

Shell foresees LNG supply shortage by mid-2020s

Shell foresees LNG supply shortage by mid-2020s

27 February 2018, Sweetcrude, Lagos – The Royal Dutch Shell says the world could face a shortage of liquefied natural gas, LNG, within a decade due to underinvestment in new projects. Shell, in its recently-released LNG Outlook 2018, said the demand for LNG is growing faster than expected, forecasting a supply shortage by the mid-2020s. The …

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