Unconventional folded shielded coplanar waveguide (FS-CPW) has yet to be fully investigated for tunable dielectrics-based applications. This work formulates designs of FS-CPW based on liquid crystals (LC) for electrically controlled 0-360° phase shifters, featuring a minimally redundant approach for reducing the LC volume and hence the costs for mass production. The design exhibits a few conceptual features that make it stand apart from others, noteworthy, the dual-strip structure with a simplified enclosure engraved that enables LC volume sharing between adjacent core lines. Insertion loss reduction by 0.77 dB and LC volume reduction by 1.62% per device are reported at 77 GHz, as compared with those of the conventional single-strip configuration. Based on the proof-of-concept results obtained for the novel dual-strip FS-CPW proposed, this work provides a springboard for follow-up investible propositions that will underpin the development of a phased array demonstrator.