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LNG SUPPLY

Global LNG demand expected to almost double by 2040: Shell

Global LNG demand expected to almost double by 2040: Shell

  • Demand was 360 million tonnes last year, up slightly from 2019's 358 million tonnes, despite volatility caused by lockdowns during the coronavirus pandemic.
  • While COVID-19 derailed expected forecasts...the industry reacted swiftly to changing market conditions, diverting cargoes to shifting demand centres and through adjusting supply.
Published 25 Feb, 2021 06:33pm
Mexico begins receiving LNG as gas supply via pipeline rises
Markets

Mexico begins receiving LNG as gas supply via pipeline rises

  • The Marshall Island tanker Flex Courageous carrying US LNG docked on Friday at the Manzanillo terminal on the Pacific Coast, Refinitiv Eikon data showed.
  • A second cargo also from the United States on the tanker Seri Balhaf is waiting to discharge about 151,300 cubic meters of LNG at Mexico's Altamira terminal on the Gulf Coast.
Published 19 Feb, 2021 08:30pm