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Shell's annual LNG outlook forecasts global LNG demand doubling to 700 mmt by 2040. It expects the supply-demand balance to remain loose until the mid-2020s, and warns that US export facilities could face shut-ins if European gas prices fall further.
A long-term LNG oversupply outlook points to cheap gas for energy-intensive feed processing for years. Near-term effects on feed prices are minimal.
naturalgasintel.comCarolyn DavisFeb 20, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
