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Shell Sees LNG Sector Growing by 3% Per Year
Market Intelligence Analysis
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Why This Matters
Shell's CEO expects the global LNG market to grow by 3% annually, driven by increasing supply and demand, with a new supply wave expected by the end of the decade.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The global LNG market is expanding by 3% every year, growing at a faster pace than the overall natural gas market, Wael Sawan, chief executive officer of the world’s top LNG trader, Shell, said at an LNG conference in Doha, Qatar. Both supply and demand of LNG have surged in recent years, and a new supply wave is coming by the end of this decade. The supply surge is set to begin as soon as this year, analysts and forecasters say. New LNG export projects coming online and ramp-ups of recently commissioned facilities are expected to drive a…
Original article published by
OilPrice.com
on February 2, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.