Crypto M - Crypto News
2.08K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 Shell CEO Discusses LNG Investment Strategy Amid Ample Low-Cost Funding

Shell CEO Ben van Beurden has stated that the company sees no need to use its own capital for large-scale investments in the U.S. liquefied natural gas (LNG) sector. According to Jin10, Shell believes there is already sufficient low-cost funding available for infrastructure development. Instead, Shell is one of the largest purchasers of U.S. LNG, acquiring substantial quantities under long-term contracts. Many of these contracts are linked to Henry Hub natural gas prices, effectively managing price risk. Wei Swan, speaking at the International Energy Week in London, noted that this approach allows Shell to capture attractive value within the LNG supply chain without committing significant capital.

#Shell #CEO #LNG #investment #strategy #lowcostfunding #infrastructure #USLNG #longtermcontracts #HenryHub #naturalgas #energymarket #InternationalEnergyWeek