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    3. >Shell CEO says LNG sector growing faster than gas, around 3% per annum
    Finance

    Shell CEO Says Lng Sector Growing Faster Than Gas, Around 3% per Annum

    Published by Global Banking & Finance Review®

    Posted on February 2, 2026

    1 min read

    Last updated: February 2, 2026

    Shell CEO says LNG sector growing faster than gas, around 3% per annum - Finance news and analysis from Global Banking & Finance Review
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    Tags:sustainabilityenergy marketinvestmentfinancial community

    Quick Summary

    Shell CEO Wael Sawan announced that the LNG sector is growing at 3% annually, outpacing the gas market. This was reported during a session in Doha.

    Shell CEO says LNG sector growing faster than gas, around 3% per annum

    LNG Sector Growth Insights

    DOHA, Feb 2 (Reuters) - Shell's CEO Wael Sawan said on Monday that the liquefied natural gas (LNG) sector was expanding at a rate of about 3% per annum, outpacing the gas market.

    CEO's Statement

    (Reporting by Emily Chow; Editing by Bernadette Baum)

    Key Takeaways

    • •LNG sector is growing at 3% per annum.
    • •LNG growth surpasses the overall gas market.
    • •Shell CEO Wael Sawan shared insights in Doha.
    • •The energy sector is seeing a shift towards LNG.
    • •LNG is becoming a key player in global energy.

    Frequently Asked Questions about Shell CEO says LNG sector growing faster than gas, around 3% per annum

    1What is LNG?

    LNG stands for liquefied natural gas, which is natural gas that has been cooled to a liquid state for ease of storage and transport.

    2What is the growth rate of the LNG sector?

    The LNG sector is growing at a rate of approximately 3% per annum, which is faster than the general gas market.

    3What is the significance of LNG in energy markets?

    LNG plays a crucial role in energy markets by providing a cleaner alternative to other fossil fuels and facilitating global energy trade.

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