Royal Dutch Shell’s Wetselaar Sees LNG Growth Accelerating in 2019

The video discusses the rapid growth of the LNG market, driven by three megatrends: rising global population, the need to reduce carbon intensity, and improving air quality. Despite strong demand, there are concerns about supply adequacy in the 2020s. The global supply landscape is diversifying, with Australia becoming a leading exporter. The video also highlights the positive impact of LNG on air quality in Beijing.

What are the three megatrends driving the growth of the LNG market?

• Decreasing coal usage, rising renewable energy, and economic downturns

• Growing nuclear energy, political stability, and international trade agreements

• Increasing oil prices, technological advancements, and government policies

• Rising global population, reducing carbon intensity, and improving air quality

Why are LNG prices not reflecting the expected market growth?

• Because of increasing oil prices

• Due to decreasing demand for LNG

• Because of a well-supplied market in the short term

• Due to technological advancements in LNG production

What is a major concern for the LNG market as it moves into the 2020s?

• Decreasing global population

• Insufficient supply to meet growing demand

• Declining interest in renewable energy

• Rising coal usage

Which country recently became the largest LNG exporter, surpassing Qatar?

• Russia

• Canada

• United States

• Australia

What significant change has been observed in Beijing due to the use of natural gas?

• Decreased energy consumption

• Higher carbon emissions

• Increased energy costs

• Improved air quality