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Shell CEO seen focusing on LNG as key part of growth strategy

Shell Plc will update its strategy on Tuesday, just a month after rival bp Plc unveiled a fundamental “reset.”

Shell CEO Wael Sawan is in the final stages of a two-year effort to shake up Shell by cutting costs, improving reliability and shedding under-performing units. Analysts and investors will be looking for plans for growth at the company’s crucial liquefied natural gas business and reassurance on oil reserves.