Shell LNG news

Shell plc has entered into a definitive agreement to acquire ARC Resources Ltd, an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada.

Petrovietnam Gas has signed a five year supply agreement with Shell for 400 000 tpy to be delivered to the Thi Vai terminal from 2027 – 2031.

ADNOC has signed a 15-year, 1 million tpy supply deal with Shell for Ruwais LNG project.

Monadelphous has announced the award of new contracts in the energy sector valued at more than AUS$100 million.

Shell Eastern Trading Pte. Ltd, a subsidiary of Shell plc, has completed the acquisition of 100% of the shares in Pavilion Energy Pte. Ltd.

Chris Cooper, currently LNG Canada’s Senior Vice President for Phase 1 Pipeline and Expansion, will succeed Jason Klein as President and CEO of LNG Canada, effective 1 April 2025.

YPF and Shell have signed a project development agreement for the development of Argentina’s LNG project.

QatarEnergy and Shell have entered into a new long-term sale and purchase agreement for the supply of 3 million tpy of LNG to China.

Daniel Toleman, Research Director, Global LNG, and Kristina Gogoli, Senior Research Analyst, Gas & LNG, Wood Mackenzie, have reported another bumper yeah for LNG contracting, with Middle East sellers capturing the market share.

Construction activities at the LNG Canada site are now more than 95% complete overall, and remains on track to deliver first cargoes by the middle of 2025.