Oil giants seeking new gas markets to absorb rapidly growing supply

Published Mon, Jun 13, 2016 · 09:50 PM

    London

    ENERGY giants such as Royal Dutch Shell and Total are looking to build terminals and power plants in new markets to soak up the industry's rapidly burgeoning supply.

    Companies have invested billions in plants to produce liquefied natural gas (LNG) in places such as Australia and the United States.