EnergyWatch

Shell has great expectations for next decade's LNG market

Energy major Shell sees enormous potential in LNG and aims to invest USD 6-7 billion annually after 2020 to seize opportunities in the gas market, the company says.

Photo: Kirsty Wigglesworth/AP/Polfoto

One of the world's largest energy companies, British-Dutch Shell, now wants to accelerate its investments in the growing gas market, particularly in LNG.

This surfaced during Royal Dutch Shell's Management Day event in London this week, where the company's Integrated Gas and New Energies Director Maarten Wetselaar announced annual investments of up to USD 7 billion from 2020 aimed at reaping the rewards of gas and LNG.

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