Shell CEO’s New Strategy Sees a Long-Term Future for Natural Gas

  • Producer aims to expand presence in key LNG growth markets
  • CEO Wael Sawan to update investors on strategy this week
Wael SawanPhotographer: Aaron M. Sprecher/Bloomberg
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Shell Plc sees a long-term role for natural gas in the world’s energy mix and aims to expand in key growth markets as Chief Executive Officer Wael Sawan revises the company’s strategy.

Liquefied natural gas teams are being urged to do more business in China and India, and the company is providing higher bonuses for deals struck in those and other target nations, according to people who have been briefed on the company’s plans.