Shell Mulls LNG-Hub Network as Use by Ships and Trucks Expands
- Non-power sectors seen accounting for greater share of LNG use
- France’s Total also says creating new gas demand is ‘critical’
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Royal Dutch Shell Plc, the oil company that spent more than $50 billion to buy natural-gas producer BG Group Plc, is looking to expand demand for the fuel in transport to ensure its output is consumed.
Shell is studying developing a global network of liquefied natural gas supply hubs for vehicles including ships, Steve Hill, executive vice president for gas and energy marketing and trading, said Monday at the World Petroleum Congress in Istanbul.