Shell sees significant LNG growth in near term under its scenarios
1. Global demand for LNG will surge in coming years, benefiting SHEL. 2. Oil demand may peak early next decade, influencing SHEL's strategy.
FAQ
Why Bullish?
Increased LNG demand suggests potential revenue growth for SHEL, similar to past LNG surges.
How important is it?
The forecast on LNG demand is critical for SHEL's strategic decisions and market positioning.
Why Long Term?
The shift toward LNG indicates sustained growth, affecting SHEL’s long-term planning and investments.