Shell (SHEL) Eyes Rising LNG Demand in Emerging Asian Economies

Shell plc (SHEL) , the British energy supermajor, believes that its supply of liquefied natural gas (LNG) from its terminals in Australia should support the increasing demand from the emerging market of Asia. Toward the end of the decade, the South and Southeast Asian markets are anticipated to absorb a part of the rising global LNG supplies. Shell believes that Vietnam, Bangladesh, the Philippines and Thailand will experience significant demand growth and be the focus markets in the future. In the previous ...