From: Douglas Grandt answerthecall@icloud.

com
Subject:The global shortage of LNG will TEST and FAIL S.1460
Date:February 27, 2018 at 9:45 AM
To:Brian Hughes (Senate ENR Ctee-R) Brian_Hughes@energy.senate.gov, David Poyer (Senate ENR Ctee-D)
david_poyer@energy.senate.gov, Michael Pawlowski (Sen. Murkowski) michael_pawlowski@murkowski.senate.gov,
Travis Lumpkin (Sen. Cantwell) Travis_Lumpkin@cantwell.senate.gov
Cc: U. S. Senator Bernie Sanders senator@sanders.senate.gov, Michaeleen Crowell (Sen. Sanders)
Michaeleen_Crowell@sanders.senate.gov, Katie Thomas Katie_Thomas@sanders.senate.gov

Chairman Lisa Murkowski has a real live test of S.1460 coming up

.

Dear Chairman Lisa Murkowski and Ranking Member Maria Cantwell,

.
The Senate Energy and Natural Resources Committee has nothing in S.1460 - Energy
and Natural Resources Act of 2017 for this downside eventuality (Bit.ly/CNBC26Feb18):

Shell warns of liquefied natural gas shortage as LNG demand blows

past expectations
.
• Royal Dutch Shell reports that the market in liquefied natural gas, or LNG, reached 293
million tons in 2017, 30 percent higher than expected.
• Despite the growth, Shell warns that the market could face a shortage of LNG by the mid-
2020s due to underinvestment in new projects.
• The root of the problem is a mismatch between the types of contracts buyers and sellers
prefer, which may delay investments in new LNG capacity, Shell says.
.
Royal Dutch Shell says the world could be grappling with a shortage of liquefied natural
gas within a decade due to underinvestment in new projects.
.
The Anglo-Dutch energy giant issued the warning in its second annual LNG outlook, which
reports on developments in the booming market for natural gas cooled to liquid form for
export. Shell says the market for LNG grew by 29 million tons last year, 30 percent more
than previously expected.

cnbc.com/2018/02/26/shell-warns-of-lng-shortage-as-demand-for-liquefied-natural-gas-booms.html