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March 18 (Reuters) – Global demand for liquefied natural gas (LNG) is picking up due to a recent fall in prices, Shell CEO Wael Sawan said on Monday at a conference in Houston.
The LNG market will be well supplied in the second half of the decade, he added. The CEO of rival TotalEnergies on Monday warned of near-term tightness in the LNG market that would not abate until 2026.
LNG shipping has seen little impact from attacks by Houthi rebels in the Red Sea, Sawan said.
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