Reported 5 months ago
Shell expects its Australian liquefied natural gas (LNG) supplies to cater to the rising demand from emerging markets in south and southeast Asia towards the end of the decade. Cecile Wake, Country Chair at Shell Australia, highlighted the potential growth in countries like the Philippines, Thailand, Vietnam, and Bangladesh as key markets for LNG demand. The company's commitment to the Australian market is driven by the anticipation of increased demand in Asia, with a focus on maintaining a competitive supply position to Asian markets. The article also mentions Shell's satisfaction with the performance of its floating LNG facility Prelude after a statutory shutdown, with expectations of higher volumes and improved reliability moving forward.
Source: YAHOO