Shell’s CEO Surprised by Record LNG Buildout Amid Gas Exuberance

Shell's CEO Surprised by Record LNG Buildout Amid Gas Exuberance

(Bloomberg) — Shell Plc Chief Executive Officer Wael Sawan said the number of new liquefied natural gas projects moving forward was surprising given their high costs, underscoring the fuel’s long-term role in the global energy transition.

Shell’s CEO Surprised by Record LNG Buildout Amid Gas Exuberance

Shell Plc Chief Executive Officer Wael Sawan said the number of new liquefied natural gas projects moving forward was surprising given their high costs, underscoring the fuel’s long-term role in the global energy transition.

Shell’s CEO Surprised by Record LNG Buildout Amid Gas Exuberance - Energy News, Top Headlines, Commentaries, Features & Events

By Joe Ryan and Stephen Stapczynski Shell Plc Chief Executive Officer Wael Sawan said the number of new liquefied natural gas projects moving forward was surprising given their high costs, underscoring the fuel’s long-term role in the global energy transition. “There is a significant amount of capacity being built at the moment, including here in ...