Shell LNG news

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.

Starting in 2027, Shell International Trading Middle East Fze will supply BOTAS with up to 4 billion m3 of LNG a year from its US and global portfolio.

Arrow Energy, an incorporated joint venture between Shell (50%) and PetroChina (50%), has announced plans to develop Phase 2 of Arrow Energy’s Surat Gas Project in Queensland, Australia.

Khaled bin Mohamed bin Zayed has recently met with bp, Mitsui & Co., Shell, and TotalEnergies to agree a 10% stake each in ADNOC’s Ruwais LNG project.

MET Group has entered into a long-term free-on-board LNG purchase agreement, by signing a 10-year agreement with Shell.

Rystad energy reports that despite the growth in dual fuels, LNG remains supreme in terms of shipping fuel choices.

In the December 2023 issue of LNG Industry, our project review provides a look at some of the LNG projects and expansions currently under construction from around the world that are due to be operational by the end of the decade. This special report lists all the sources used for this article.

Reuters has reported that Shell will supply Morocco with an annual 0.5 billion m3 of LNG under a 12-year deal.

Tamboran has entered into two non-binding memorandum of understandings with BP Singapore Pte. Limited and Shell Eastern Trading (Pte) Ltd regarding the potential purchase of LNG from Tamboran’s proposed Northern Territory LNG project.