Not only did 2017 see global LNG trade hit new records, but January 2018 saw new monthly highs. Shell’s latest ‘LNG Outlook’ suggests that new records are in store.

The three East Asian countries which are by far the top three global LNG importers – Japan, China and South Korea – imported a collective 159.6mn tons in 2017, up almost 12% on 2016 with Chinese buying rising by a whopping 46%, in the process overtaking Korea for global #2 spot.

These three...