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EU faces tough task following Japan LNG model
The bloc may find it very difficult to replicate Japan’s approach due to fundamental differences in policy and the markets
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A subdued market amid global trade tensions is just an aberration in gas’ upward trajectory
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CEO Meg O’Neill explains the virtue of patience in offtake discussions amid tariff tensions
Europe’s hard choices on gas security
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FSRUs are a popular option for new LNG markets
Shell LNG Bangladesh China Pakistan Philippines Vietnam
Alex Forbes
8 April 2021
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New LNG markets prove tough nuts to crack

Floating storage and regasification has reduced entry barriers for aspiring LNG importers. But opening up a new market remains a tricky business

Most of the growth in LNG trade over the coming decades will be in Asia-Pacific. Imports into China are set to double and deliveries to South Asia to triple. However, the fastest-growing region will be Southeast Asia, according to Shell’s latest long-term LNG Outlook. It predicts that imports into the countries of the Association of Southeast Asian Nations (Asean) will grow by a staggering 553pc from 15mn t in 2020 to 98mn t in 2040. “Growth in demand is expected to come mainly from emerging markets and new entrants to the industry, such as the Philippines and Vietnam, who are only just starting to build the infrastructure needed to import LNG,” says Maarten Wetselaar, director of Shell’s In

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