Shell’s CEO Wael Sawan said on Thursday he expects the liquefied natural gas (LNG) market to remain balanced through next year as supplies tighten due to delays in some project start-ups.

Speaking to analysts after the company reported third quarter profits of $6 billion, Sawan also said Shell had started arbitration hearings with Venture Global over the delay in LNG supplies.
Source: Reuters (Reporting by Ron Bousso; Editing by Susan Fenton)