{"id":469970,"date":"2022-02-22T10:59:01","date_gmt":"2022-02-22T05:29:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=469970"},"modified":"2022-02-22T12:43:34","modified_gmt":"2022-02-22T07:13:34","slug":"lng-market-supply-demand-balance-to-remain-tight-in-2022-shell","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lng-market-supply-demand-balance-to-remain-tight-in-2022-shell\/","title":{"rendered":"LNG market supply-demand balance to remain tight in 2022: Shell"},"content":{"rendered":"<p>The global liquefied natural gas (LNG) market is expected to remain tight this year following last year\u2019s volatility which saw demand rise 6% and gas prices hit an all-time high, Shell said on Monday. <\/p>\n<p>Natural gas prices around the world soared late last year due to a combination of tightening supplies, weaker renewable power generation and a strong growth after Covid-19.<\/p>\n<p>&#8220;The high prices we&#8217;re seeing at the moment are being driven by fundamentals, low storage levels and supply uncertainty,&#8221; said Steve Hill, executive vice president, energy marketing. <\/p>\n<p>He added that the lack of new supply and the reduction of investment in LNG are other reasons behind the tight market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global liquefied natural gas (LNG) market is expected to remain tight this year following last year\u2019s volatility which saw demand rise 6% and gas prices hit an all-time high, Shell said on Monday. Natural gas prices around the world soared late last year due to a combination of tightening supplies, weaker renewable power generation and a strong growth after Covid-19. &#8220;The high prices we&#8217;re seeing at the moment are being driven by fundamentals, low storage levels and supply uncertainty,&#8221; said Steve Hill, executive vice president, energy marketing. He added that the lack of new supply and the reduction of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-469970","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=469970"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469970\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=469970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=469970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=469970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}