Shell warns of future LNG supply crunch:
"Tens of billions of dollars of new investment is needed in liquefied natural gas projects to avoid a supply crunch in the 2020s, Royal Dutch Shell has warned. The global market is still absorbing supplies from a wave of LNG megaprojects built in Australia over recent years, as well as the emergence of the US as a net gas exporter for the first time in more than half a century. But Shell, one of the world’s largest suppliers of LNG, said renewed investment was needed to meet surging demand from China and other developing countries."
'via Blog this'
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