Shell Secures LNG Volumes From Plaquemines

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
AP_16351591940816-gas-storage-calcasieu-LNG
Matthew D.White/VWPics/VWPics via AP Images

Shell has doubled its LNG offtake from US facilities operated by privately held Venture Global with the signing of a new 20-year sale and purchase agreement (SPA).

Topics:
Liquefaction, LNG Supply, Majors, LNG Contracts, LNG Projects
Wanda Ad #2 (article footer)
#
But much of the incremental demand may be met by domestic production, not imported LNG, according to a Moody's affiliate.
Tue, Sep 26, 2023
Heightened gas market volatility and uncertainty in the wake of the Ukraine War has reinforced the major's preference for LNG offtake agreements and backfill projects over equity developments.
Tue, Sep 26, 2023
Final investment decisions for new US LNG projects have totaled 37.6 million tons per year of additional capacity so far this year.
Tue, Sep 26, 2023