Shell believes net-zero pledges will deepen LNG demand
LNG’s buoyant brave new world
The industry’s big players remain optimistic despite the headwinds of the last two years
The LNG industry has long had a propensity to spring surprises. But perhaps the biggest surprise today is how optimistic industry players remain about their future, despite 2020’s acceleration of the transition to a net-zero greenhouse gas (GHG) emissions world, a pandemic-induced collapse in capital investment, unprecedented price volatility, growing buyer concern about LNG’s carbon intensity, and a slow-down in commoditisation of LNG trading. Recent weeks have seen Shell and the Gas Exporting Countries Forum (GECF) publish their annual long-term gas and LNG outlooks, as well as the CeraWeek conference. The consensus has been clear: the industry will continue to adapt to whatever challenges
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
