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Shell LNG news

 
 
 
 
 
 

Shell and Venture Global ink new agreement

Venture Global LNG have executed a new 20-year sales and purchase agreement with Shell for the supply of 2 million tpy of LNG from Venture Global’s Plaquemines LNG export facility, which is expected to come online in 2024.

 

Shell to withdraw from Russian LNG

Following new government guidance, Shell has started a phased withdrawal from Russian LNG, whilst also donating profits from remaining Russian oil to humanitarian agencies to support Ukraine.

 

Shell exits equity partnership with Gazprom

Shell announced its intention to exit its joint ventures with Russian-owned Gazprom, focusing instead on supporting Ukraine as well as European security.