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Shell defends increasing fossil LNG production at annual meeting

Summary by rd.nl
Shell defended increasing the production of liquefied natural gas (LNG) at its annual shareholders' meeting. This fossil fuel remains necessary because energy demand continues to increase due to population growth and increasing prosperity, chairman Andrew Mackenzie argued. Oil will also “play a vital role for a long time” because the aviation and transport sectors still have too few alternatives available, he said.
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rd.nl broke the news in Apeldoorn, Netherlands on Tuesday, May 21, 2024.
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