Global gas market still ‘structurally tight’ on limited LNG growth: Shell
February 14, 2024 Comments Off
The global gas market remains “structurally tight” given LNG supply growth was limited over the past year, Shell said Feb. 14 in its annual LNG outlook. Global trade in LNG reached 404 million mt in 2023, Shell said, up from 397 million mt in 2022, with tight supplies of LNG constraining growth while maintaining prices and price volatility above historic…
Global gas market still ‘structurally tight’ on limited LNG growth: Shell
The global gas market remains “structurally tight” given LNG supply growth was limited over the past year, Shell said Feb. 14 in its annual LNG outlook. Global trade in LNG reached 404 million mt in 2023, Shell said, up from 397 million mt in 2022, with tight supplies of LNG constraining growth while maintaining prices and price volatility above historic…
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