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Posts on ‘March 26th, 2021’

Shell says green power shift will lift need for Australia’s LNG

Shell says green power shift will lift need for Australia’s LNG

By Nick Toscano

The Australian boss of global energy giant Shell sees demand for liquefied natural gas exports continuing to grow until at least the late 2030s even as COVID-19 hastens the shift away from planet-warming fossil fuels.

Shell, which believes its oil output may have hit a peak in 2019 and is now likely to gradually decline, has revealed a brighter outlook for its liquefied natural gas (LNG) assets including those in Queensland and off Western Australia. read more

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