Royal Dutch Shell hosted a management day with investors today, focusing on global gas and Asia Pacific Upstream.

Outlining Shell’s global gas strategy, CEO Peter Voser said: “Strong growth in gas markets, especially Integrated Gas, is a major opportunity for Shell and our shareholders. Our Integrated Gas earnings have more than trebled in the last five years, reaching $9 billion over the last year, driven by liquefied natural gas (“LNG”) and gas-to-liquids (“GTL”), and we see growth opportunities to invest over $20 billion here for 2012-15.”

“We are aiming to develop profitable new gas supplies to meet the market’s growing demand for clean and affordable low carbon energy. This plays to Shell’s technology and financial strength.”

Global primary energy demand could double to 400 million barrels of oil equivalent per day (“Mboe/d”) in the first half of the 21st century, from some 200 Mboe/d in 2000, and 270 Mboe/d in 2011, driven by the non-OECD economies. Some two thirds of energy consumption in 2030 could be in the non-OECD, compared to 56% today.

Tags: Royal Dutch Shell plc