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LNG market will rebalance in 2021, says Shell

The energy giant releases its forecast almost one month after announcing a massive gas-related impairment. It expects LNG to meet the lion's share of energy demand growth in the long run

Shell expects the last of the new liquefaction projects under construction to be completed by 2021 and, following that, for equilibrium to likely be restored to the market as new supply comes to a halt until the mid-2020s

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