Report
Thijs Berkelder

Royal Dutch Shell Plc : With LNG essential for net zero policies, Integrated Gas is well positioned for a new decade of growth

>2021 LNG Outlook: 3.5% CAGR until 2040, supply gap in 2025, and net zero one of key demand drivers - Shell has published its 2021 annual LNG outlook, indicating that global LNG demand in 2020 has grown to 360m tonnes, up from 358m in 2019, the growth logically affected by the COVID pandemic. China and India led the recovery in demand for LNG following the outbreak of the pandemic, both having grown LNG imports by 11%. Global LNG prices hit a record low early in 2020,...
Underlying
Royal Dutch Shell Plc Class A

Royal Dutch Shell is a holding company. Through its subsidiaries, Co. is engaged in the oil and gas industry. Co. reports its business through four segments: Integrated Gas, which engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products; Upstream, which engaged in the exploration for and extraction of crude oil, natural gas and natural gas liquids; Downstream, which engaged in oil products and chemicals manufacturing and marketing activities; and Corporate, which comprising Co.'s holdings and treasury organisation, its self-insurance activities and its headquarters and central functions.

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Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Thijs Berkelder

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