, especially in the lead-up to the US presidential election. Speaking at the Center for Strategic and International Studies, Sawan underscored how political decisions in the US capital—the 'energy capital of the world'—significantly influence global investment strategies and spending. Sawan’s visit comes at a pivotal moment as Shell adjusts its focus towards its core petroleum business amid the energy transition.
Sawan highlighted LNG as a crucial component to counterbalance policy and geopolitical volatility, emphasizing its role in meeting Asia’s burgeoning industrial energy needs and transitioning from coal to cleaner gas. Shell anticipates that LNG will increase from 12% to 20% of the total gas market share over the next two decades. Shell boasts a significant global LNG portfolio, with 67 million metric tons sold last year.