Shell: LNG’s role in global energy trade is expected to grow
As presented in its “LNG Portfolio” publication, Shell expects LNG demand to grow strongly in the coming decades as it plays an expanding role in the global energy mix.
Shell’s view is that LNG serves as the backbone of the energy mix. As explained, LNG is flexible and reliable because it can be shipped to different markets at different times. LNG also produces fewer emissions than coal and supports intermittent renewable energy. Specifically, LNG is seen by Shell as:
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