Shell sees market for cooled gas heating up

Two mild winters and Coronavirus effects have hit the LNG market. British-Dutch oil giant shell maintains, however, that liquefied natural gas will gain ground over the coming years.

Photo: Kim Kyung-Hoon/Reuters/Ritzau Scanpix

by MATHIAS JULIUS FALKENGAARD

Shell is betting big on liquefied natural gas, but LNG is in a tough spot right now, the oil giant says in a statement issued alongside its latest report on the business area.

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