The global LNG market has continued to defy expectations, growing by 29 million tonnes in 2017, according to Shell’s latest LNG Outlook. Based on current demand projections, Shell sees potential for a supply shortage developing in the mid-2020s, unless new LNG production project commitments are made soon.

The Shell LNG Outlook, now in its second year, highlights key trends in 2017 and focuses on future global supply and demand, and can be downloaded below.

Photo: Mike Louagie