Oil Price: LNG Sector Dangerously Dependent on Chinese Demand

18 March 2019

For one thing, they can and should watch the trends. Shell’s latest LNG Outlook forecast LNG demand will grow steadily in the long term and the market might swing into a deficit if more production capacity does not come online. However, that’s the long run. In the next 12 months, demand for the fuel will only rise by 16 million tons versus a jump in supply of 33 million tons, according to Poten & Partners, an energy consultancy specializing in LNG.

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