LNG trade rose 6% to 380 mil mt in 2021 China now world’s largest LNG importer US set to become world’s biggest exporter in 2022 Shell on Feb. 21 called for an increase in investment in LNG supply in order to meet rising LNG demand, especially in Asia, as it warned that an LNG supply-demand gap was set to emerge in the mid 2020s. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now In its annual LNG market outlook, Shell said global LNG trade in 2021 rose by 6% year on year to 380 million mt in 2021 as many countries rebounded from the economic impact of the pandemic. It said rising LNG demand, combined with supply constraints, caused gas and LNG prices to remain volatile throughout the year. “The volatility emphasizes the need for a more strategic approach to secure reliable and […]