LNG is the new shale oil with the U.S. as disruptor-in-chief

Crude oil is likely to spring to mind if one is asked to name a commodity where the United States is disrupting the market by becoming a swing producer and challenging traditional trade flows, especially in fast-growing Asian markets.

Much has been written recently about how the expected glut in LNG supply is unlikely to materialise, given the rapid growth of demand for the super-chilled fuel in Asia, especially in China, which is now second only to Japan as an importer.

Major producer Royal Dutch Shell warned last month of an impending supply gap that will need more than $200 billion of investment by 2030 as the natural gas market grows faster than that for any other source of energy…

 

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