Shell Sees LNG Sector Growing by 3% Per Year

Shell Sees LNG Sector Growing by 3% Per Year

The global LNG market is expanding by 3% every year, growing at a faster pace than the overall natural gas market, Wael Sawan, chief executive officer of the world’s top LNG trader, Shell, said at an LNG conference in Doha, Qatar. Both supply and demand of LNG have surged in recent years, and a new supply wave is coming by the end of this decade. The supply surge is set to begin as soon as this year, analysts and forecasters say. New LNG export …

Shell Sees LNG Market Growing 3% Per Year

By Stuart Turley, Energy News Beat As the global energy landscape continues to evolve, liquefied natural gas (LNG) remains a cornerstone of the transition toward cleaner fuels. At the LNG2026 conference in Doha, Qatar, Wael Sawan, CEO of Shell—the world’s leading LNG trader—highlighted the sector’s robust outlook, stating that the global LNG market is expanding by 3% annually, outpacing the broader natural gas market’s growth. This projection un…

Shell CEO Says LNG Sector Growing Faster Than Gas, Around 3% Per Annum - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – Shell’s CEO Wael Sawan said on Monday that the liquefied natural gas (LNG) sector was expanding at a rate of about 3% per annum, outpacing the gas market.