Cederic Cremers
President of Integrated Gas
Hi, everybody, and thank you for joining our Shell LNG Outlook 2026, which is actually our 10th anniversary LNG Outlook. My name is Cederic Cremers. I’m the President of Integrated Gas at Shell, and I’m joined by Tom Summers, who is our Executive Vice President for LNG Marketing and Trading.
Before we get started, I just wanted to touch on this cautionary note for a minute, which reflects the fact that we, of course, have forward-looking statements as part of this and just to recognize that they are inherently subject to uncertainty. I also want to recognize that the information that you see here was based on third-party data from consultants to which we have added Shell analysis. And also to reflect that this is an outlook on the LNG industry and market as a whole, not a specific outlook for our Shell’s own LNG business. Now, I want to acknowledge the consequences that many of you are feeling as a result of the crisis in the Middle East, whether you are in the Middle East itself or whether you have family or loved ones in the Middle East or the many customers around the world that we see are impacted by the disruptions in the Strait of Hormuz and knowing how this is disrupting the energy that you need to fuel your daily lives.
So before we dive in, maybe just to summarize briefly that we’ll be going through 3 different sections. First of all, we want to look back a little bit at the last 10 years since this is our 10th anniversary outlook. Tom will then take
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