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SINGAPORE :Global liquefied natural gas (LNG) prices have reduced significantly but are still high on a historical basis, resulting in demand destruction, particularly in parts of Asia, a senior executive at Shell said on Wednesday. Market sentiment has improved over the last year, but conditions are still po
Gas demand is expected to continue to grow for quite some time in order to enhance energy security, curb consumption of dirtier coal and compliment intermittent renewable sources, Steve Hill, Executive Vice President of Shell Energy, said at the same conference.
As Ottawa rolls out a suite of climate policies, fossil fuel giant Shell sought a meeting to find out if a massive LNG expansion plan makes sense, documents obtained by Canada's National Observer reveal.
Shell Plc sees a long-term role for natural gas in the world's energy mix .
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