Demand growth to continue

摘要

ANGLO-DUTCH supermajor Shell is expecting that more investment will be needed in grassroots liquefied natural gas projects to help meet burgeoning demand in the next decade, writes Amanda Battersby. "We saw Asian LNG demand growth exceed expectations again in 2018 and we expect this strong growth to continue. Investment in new supply projects is picking up, but more will be needed soon," said Maarten Wetselaar, integrated gas and new energies director at Shell. New long-term sales contracts may help to spur that new investment in grassroots liquefaction projects. Shell noted that, from 2014 through 2017, LNG buyers had increasingly been looking to sign shorter, smaller and more flexible contracts. The company had warned in its 2018 LNG Outlook that this mismatch between suppliers and buyers' needs would have to be resolved to enable developers to progress new projects. However, that mismatch could become a thing of the past, it now suggests.