Shell (ticker: RDS.A) released its annual LNG Outlook today with robust LNG demand and natural gas usage predictions.

The global liquefied natural gas (LNG) market showed demand growing by 29 million tonnes to 293 million tonnes in 2017, according to Shell’s annual LNG Outlook.

Shell said based on current demand projections, it sees a potential for a supply shortage developing in mid-2020s, unless new LNG production project commitments are made soon.

According to the Shell LNG Outlook, Japan remained the world’s largest LNG importe...

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