Page 1 - GLNG Week 09
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Issue 604 05•March•2020 Week 09
Looking longer-term
In the long term, there is more confidence in LNG demand growth, as illustrated by Royal Dutch Shell’s latest LNG Outlook.
Demand shock
The coronavirus has sapped demand for gas in the world’s top gas import market.
Tough conditions
Weakening demand is weighing on US LNG developer Tellurian, with two pieces of unwelcome news for the company announced in the past week.
Russian record
Russian natural gas output set a new record in 2019, with the growth mainly driven by LNG production, which increased by almost 50%.
