Western Majors Look to US for Flexible LNG

Copyright © 2022 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
  • The likes of Shell and Exxon Mobil are increasing exposure to US LNG in light of market changes driven by Russia’s invasion of Ukraine.
  • Portfolio players like the flexibility of US LNG cargoes that could go to Europe in the medium term but be redirected as the energy transition there gathers pace.
  • Many majors are looking to integrate North American shale gas output with liquefaction capacity or offtake deals to capture upside through the value chain.

The Issue

Liquefaction, LNG Supply, Corporate Strategy , Majors, LNG Contracts, LNG Trade
Wanda Ad #2 (article footer)
We see Shell’s purchase of biomethane producer Nature Energy as an acknowledgement that natural gas must be cleaner to play a role in the transition.
Tue, Nov 29, 2022
Suncor is making safety the keystone of its larger strategy to reverse its fortunes following a rough 2022.
Tue, Nov 29, 2022
The Sinopec-QatarEnergy LNG deal not only shows the firm's interest in Qatar's NFE project but could set the tone for Asian price review talks.
Tue, Nov 29, 2022