Global LNG Outlook

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Reports and presentations on the European Gas Market
European Gas Hub Analysis
Published 02/28/2017 by Shell

SHELL’s take on the global LNG market. Global demand for gas is expected to increase by 2% a year between 2015 and 2030; LNG is set to rise at twice that rate at 4 to 5%.

 

Strong growth in LNG supply in 2016, one-third of new supply online
LNG demand growth from China, India and new entrants absorbed supply growth in 2016
Continued LNG supply growth to 2020
Global demand for gas is expected to increase by 2% a year between 2015 and 2030; LNG
is set to rise at twice that rate at 4 to 5%
Future LNG demand growth will be driven by: policy, floating storage regasification units, replacing declining domestic gas production, small scale LNG and transport
LNG and Russian gas imports required to balance European gas demand
New investments required to meet growing LNG demand after 2020
LNG trade is changing to meet the evolving needs of buyers, including shorter-term and lower-volume contracts

 

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