Global supply of liquefied natural gas (LNG) will tighten next year despite more being produced, according to the latest forecast from Shell.
Written by Allister Thomas –
In its 2019 Outlook for LNG, Shell said demand will continue to rise next year, with “supplies to tighten in the mid-2020s”.
Shell warned that more new projects are needed.
Demand for cleaner fuels to improve air quality in Asia saw demand rise by 27million tonnes to 319million in 2018, with demand expected to reach around 384million tonnes in 2020.
Supply is expected to rise by 35million tonnes this year but it will not be enough to offset demand, with the additional supply to be absorbed completely by Asia and Europe.
China’s LNG imports increased by 16million tonnes, or 40%, last year compared to 2017 in a bid to improve air quality.
On the supply side, Australia caught up with Qatar as the leading exporter of LNG towards the end of 2018.
Its exports are expected to rise another 10million tonnes this year, with both countries “well-positioned” to supply rapidly developing economies in Asia, displacing coal-fired power and heating.
Maarten Wetselaar, Integrated Gas and New Energies Director at Shell, said: “The continued surge in Chinese LNG imports has helped improve air quality in some of its biggest cities over the last few years.
“China’s success in making the air cleaner for millions of people shows the critical role that natural gas can play in providing more and cleaner energy around the world.
“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.”
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
