Two days ago MDN brought you Shell’s very first LNG Outlook report, which says demand for LNG around the globe will increase by a very brisk 4-5% per year from now until 2030 (see Shell Launches LNG Outlook 2017 – Rapid Growth Ahead). Shell out to know a thing or two about LNG, since they paid a staggering $69.7 billion last year to purchase BG, basically to get BG’s LNG business (see LNG Love Story: Shell Makes Play to Buy BG in $69.7B Megamerger). Someone else that watches the markets closely is Moody’s Investors Service. Moody’s has just issued a report that says demand for LNG over roughly the same period (“after” 2020), is weakening, not growing. And because of weaker demand and more supply coming online in the U.S. and elsewhere, Moody’s says the price for LNG will remain flat. Shell says demand will be strong, Moody’s says it won’t. Who do we believe?…
