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
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
