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
23 February 2026
The country’s upstream players have demonstrated resilience to low oil prices and are well positioned to prosper despite a volatile market
20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
