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LNG supply shortfall in 5 years as low prices hinder investment

This week at the Gastech conference in Chiba, Japan, major liquified natural gas producers warn that an LNG supply shortfall is looming because low prices have discouraged investment in new production.

Executives with international gas majors said without investments in new LNG facilities, within five years suppliers may not be able to meet the needs of buyers at a time when reducing emissions from coal and oil will be crucial in the effort to fight climate change.

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