LNG demand

Oil and gas will be around , ‘for quite some time’

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Oil and gas will be around , ‘for quite some time’

The OPEC+ group of oil producers has extended its production cuts totaling 3.66 mln bpd until 2025, maintaining a controlled supply while taking advantage of the current price of the benchmark Brent crude at over $85/barrel. OPEC forecasts that cumulative oil-related investment requirements from now until 2045 will amount to about $14 trln, or around … Read more

Shell sees emerging Asian markets taking more of world, ’s growing LNG supply

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Shell sees emerging Asian markets taking more of world, ’s growing LNG supply

Shell expects its Australian supplies of liquefied natural gas (LNG) to help meet demand from emerging markets in south and southeast Asia, which are tipped to absorb some of the pick up in global supplies towards the end of this decade.

The future of LNG exports

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The future of LNG exports

Fact: Future LNG demand is expected to be led by Asia, particularly China, with global LNG demand projected to increase to about 700mtpa by 2040.