Anglo-Dutch major Shell expects the global LNG market to grow by 4% a year to 2035 and the company plans to “grow with it,” maintaining its leading position in the market, CEO Ben van Beurden said Tuesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Speaking at a management day in London, van Beurden said the company had an “unmatched” LNG supply portfolio globally with a 22% share of global LNG sales in 2018, and a trading function that allowed Shell to do “serious” optimization. Global LNG imports in 2018 were some 314 million mt, according to industry group GIIGNL, but Shell sees the market doubling in size by 2035. “The gas market and LNG in particular will continue to grow,” van Beurden said, adding that by 2035 more than 70% of energy demand growth will be met by gas and renewables combined. […]

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