The gas market is expected to grow by two-thirds by 2050, a senior executive with Shell said on Monday.
Cederic Cremers, President for Integrated Gas at Shell told an industry forum the company’s liquefied natural gas sales were expected to grow by 4% to 5% per year between 2025 and 2030.
He added that world has lost about 36 million tons of LNG from the Middle East year to date.
(Reporting by Florence Tan; Writing by David Stanway; Editing by Martin Petty)