The biggest non-state-owned LNG producer in the world will get bigger next week.

15 February should be a date for celebration as Shell and BG formally join hands.

But will it be simply an end to competition between the two companies or a curse given that the bottom has fallen out of gas prices? And what does it mean for shipping after a period when owners of large LNG carriers believe they have better prospects than many in other markets?

When the $35bn mega-merger of Shell and BG was unveiled last April, much was made of the advantages of combining two leading LNG producers, as well as the opportunities to develop more oil from locations like Brazil where BG has such a major...