A tanker chartered by Pavilion berthed in Rotterdam
Shell makes big bets on LNG
Major sees huge opportunities with Pavilion Energy purchase and spate of global gas moves
Shell’s expectations that LNG demand will continue to rise are feeding into the company’s strategy when it comes to growing its global portfolio. In mid-June, Shell announced it was acquiring 100% of the shares in Pavilion Energy from Singapore investment company Temasek in a deal that includes a global LNG trading business with contracted volumes of around 6.5mt/yr. Pavilion’s LNG suppliers include Chevron, BP and state-owned QatarEnergy, and the company has offtake agreements for volumes from Corpus Christi LNG, Freeport LNG and Cameron LNG in the US. Pavilion’s portfolio also includes long-term regasification capacity of around 2mt/yr at the Isle of Grain terminal in the UK as well as reg
Also in this section
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
