Shell CEO Issues Warning About Risks from Unstable Policy During DC Visit

Reported 4 months ago

Shell Plc's CEO highlighted the importance of stability and predictability during a visit to Washington, expressing concerns about the impact of the upcoming US presidential election on the energy sector. Wael Sawan emphasized the need for concrete actions post-election and discussed the influence of government policies on global spending. He also addressed the uncertainty surrounding incentives for advanced energy technologies and the role of liquefied natural gas in mitigating volatility. Sawan criticized the US pause in new gas export permits and indicated potential shifts in LNG demand and supply dynamics.

Source: YAHOO

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