SHEL - Shell's LNG Gambit: Aussie LNG To Reportedly Quench Asia's Thirst | Benzinga
Shell plc (NYSE:SHEL) reportedly expects its Australian supplies of liquefied natural gas (LNG) to help meet demand from emerging markets in south and southeast Asia.
“That combination of decarbonisation, and declining domestic production (will drive LNG demand growth),” said Cecile Wake, Country Chair at Shell Australia, according to Reuters.
Wake sees the Philippines, Thailand, Vietnam , and Bangladesh as the key demand growth markets.