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Posts Tagged ‘LNG’

India’s LNG-led gas market may grow over 6 times by 2030: Royal Dutch Shell

Shine Jacob  |  New Delhi  June 22, 2017 Last Updated at 15:47 IST

Global oil major says that India may see at least six times growth in by 2030 from the current levels. It adds that liquefied natural gas (LNG) may be the largest contributor to it. The prediction comes at a time when India is trying to increase the share of gas in the overall energy mix to over 15 per cent by 2030.

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Qatargas to deliver up to 1.1 mln tonnes of LNG per year to Shell


Ben van Beurden, Shell’s chief executive officer, said. “We look forward to working with Qatar Petroleum to increase the availability of LNG as a fuel for transport.”

Sat Jun 17, 2017 7:09am GM

DUBAI, June 17 (Reuters) – Qatargas said on Saturday it had signed a sales and purchase agreement with Shell for the delivery of up to 1.1 million tonnes of liquefied natural gas (LNG) per year for five years.

The agreement will start in January 2019 and will be for the supply of LNG from Qatar Liquefied Gas Company Limited (4) (Qatargas 4), a joint venture between Qatar Petroleum which holds 70 percent and Shell with the remaining 30 percent.

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Shell to cash in $10bn from divestments in second half

Written by

Biraj Borkhataria of RBC Capital Markets said the influx should go towards reducing the oil major’s debts and act as a clear catalyst for outperformance.

The Anglo-Dutch energy giant’s net debt currently stands about $72billion and Shell wants to shave off about $20billion to reduce gearing − the level of a company’s debt related to its equity capital − to around 20%.

Shell is in the midst of a push to sell $30billion worth of assets between 2016 and 2018 to rebalance its books following its takeover of BG Group.

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Gazprom and Shell CEO’s sign JV agreements

By New Europe Online/KG

Royal Dutch Shell and Russian gas monopoly Gazprom have signed two agreements on the Baltic liquefied natural gas (LNG) project.

Gazprom CEO Alexey Miller and Shell CEO Ben van Beurden signed the agreements at the St. Petersburg International Economic Forum 2017 on June 3.

The first agreement to sign a joint venture, which will secure financing for and carry out the design, construction and operation of the LNG plant in the Leningrad Region. Based on that concept, Gazprom and Shell will take further steps in the implementation of the Baltic LNG project.

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Shell diverts U.S. LNG cargo to Dubai after Qatari diplomatic row

Thu Jun 8, 2017

Royal Dutch Shell (RDSa.L) has sent a replacement cargo of liquefied natural gas (LNG) from the United States to Dubai, shipping data shows, after a diplomatic row disrupted typical trade routes from Qatar, the world’s biggest producer.

Shell has a deal to supply the Dubai Supply Authority (DUSUP) with LNG which it typically sources from Qatar because of its proximity.

But bans on Qatari vessels entering ports in the United Arab Emirates, imposed after top Arab powers severed diplomatic and transport links with Qatar on Monday, meant it had to source the LNG from elsewhere.

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Shell Canada budget drops by half a billion dollars after oilsands sale

The Canadian Press Published Tuesday, June 6, 2017 2:22PM EDT

CALGARY – The president of Shell Canada says his capital budget will shrink by about half a billion dollars this year following the sale of most of its oilsands assets in a deal that closed last week.

Michael Crothers says it will be about $1.5 billion this year, down from over $2 billion in 2016, but the Canadian branch remains an important part of Royal Dutch Shell’s global operations.

He said in an interview the company’s sale of oilsands assets to Canadian Natural Resources (TSX:CNQ) means it will now concentrate on its shale oil and gas properties in B.C. and Alberta, along with its refining and chemical businesses near Edmonton and its proposed West Coast LNG project.

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Gazprom, Shell review LNG opportunities

By Daniel J. Graeber: May 30, 2017

May 30 (UPI) — Russian energy company Gazprom said it signed agreements with Royal Dutch Shell that could expand on bilateral deals related to liquefied natural gas.

Gazprom Chairman Alexei Miller hosted delegates from Shell at his Moscow office to discuss future collaboration on projects covered under strategic cooperation agreements from 2015.

Gazprom holds a 50 percent stake in the Sakhalin liquefied natural gas project on Russia’s far eastern coast, while Shell controls a 27.5 percent stake. Japanese companies hold the remaining interest.

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Shell-BG Merger Benefits Becoming More Clear

: May 8, 2017

When I decided to position for a coming oil price recovery towards the end of 2015, I decided on buying Shell (NYSE:RDS.A), alongside Suncor (NYSE:SU) and Chevron (NYSE:CVX). My investment strategy always has a longer term horizon, therefore Shell was an obvious choice, given the very generous dividend. When deciding to hold a stock for a number of years, it really makes a difference, as long as the dividend is sustainable, of course.

There were other factors which I saw as positive long term prospects that makes Shell stock worth holding on to for a while. Shell’s leadership in the LNG sector, in large part thanks to the BG deal is one of the things that attracted me to the stock. As I stated many times before, I believe that natural gas will eventually become the number one energy source on the planet and as such it will have to become more flexible in terms of delivery. LNG shipments will most likely become a globally strategic industry, which is likely to grow a lot in coming years and decades.

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Shell’s $390m asset write-off casts doubt on CSG reserves

: Resources reporter: Melbourne: 2 MAY 2017

Shell has written off $390 million worth of newly acquired coal-seam and other gas exploration and evaluation ground associated with the Queensland Curtis LNG plant at Gladstone because of poor drilling and testing results.

Raising more questions over long-term production from Queensland coal-seam gas fields that are supposed to feed Gladstone’s three gas-hungry LNG plants for the next 20 years, the writedowns were revealed as part of $1.2 billion of impairments logged this month in local accounts for Shell’s Queensland subsidiaries.

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Fibre, wi-fi keep most Shell Prelude staff onshore

By Ry Crozier Apr 24, 2017

Implementing a subsea fibre optic link to underpin automation and remote monitoring aboard Shell Australia’s forthcoming Prelude floating liquefied natural gas (FLNG) platform means it will only need to fly people out to the plant “by exception”.

The Prelude project is being closely watched by the LNG sector as a potential model for future gas extraction from increasingly remote offshore fields.

Prelude’s operations will be monitored remotely from Shell Australia’s collaborative work environment (CWE) in Perth, which acts as the company’s main operations centre.

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Support grows for Australian cross-continent pipeline to combat gas shortages

Apr. 19, 2017 12:42 PM ET|By: , SA News Editor

Australia’s government may support construction of a 1K-mile gas pipeline likely to cost more than A$5B (US$3.8B), WSJ reports, amid growing concern about shortages of liquefied natural gas and blackouts on the country’s populous eastern seaboard.

Two senior ministers expressed support for a transcontinental pipeline as Prime Minister Turnbull met with major LNG exporters including Royal Dutch Shell (RDS.A, RDS.B), Exxon Mobil (NYSE:XOM) and Santos (OTCPK:STOSF) to discuss ways of getting more LNG into the domestic energy market.

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Tanzania Drafts $30B LNG Export Project Deal

Tanzania’s government has prepared a draft agreement with international oil companies willing to take part in a $30-billion LNG export project, and has sent the draft for ministerial review, local media reported on Wednesday, citing a senior official at the Ministry of Energy and Minerals.

State-run Tanzania Petroleum Development Corporation (TPDC) is partnering with ExxonMobil, Statoil, Ophir, and Shell in developing an LNG project that would allow the country to export gas from its offshore resources.

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Shell claims low-carbon edge

On Monday, reports surfaced that some of Shell’s money circulating in Nigeria was used for payoffs.

April 12 (UPI) — One of the largest oil companies in the world, Royal Dutch Shell said Wednesday it was focused on a low-carbon strategy that was geared toward long-term growth.

Shell highlighted its movement through a changing energy landscape in a sustainability report on activities last year. Chief Executive Officer Ben van Buerden said in the report that lower crude oil prices and a global community coordinated around the U.N.-backed Paris climate agreement meant changes were necessary for the oil and gas business.

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Shell’s QGC to sell gas to Orica, Engie as trims LNG exports

Shell’s QGC to sell gas to Orica, Engie as trims LNG exports

Shell has signed two new deals to supply gas to east coast buyers in response to mounting pressure on the Queensland LNG exporters not to let industrial customers on the east coast go short.

The short-term agreements to supply gas to Orica and power producer Engie mean that Shell’s LNG venture in Gladstone will trim LNG exports to make more available for local users, said the oil major’s new Australia chair, Zoe Yujnovich.

However Shell wouldn’t disclose its revised forecasts for LNG exports from its $25 billion Queensland Curtis venture which typically ships about eight cargoes a month from its 8.5 million tonnes a year Curtis Island plant.

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Shell to fuel world’s first LNG-powered Aframax oil tankers

Published April 5, 2017, 10:01 PM

By Reuters 

Dubai – A unit of Royal Dutch Shell will fuel the world’s first LNG-powered Aframax crude oil tankers under a deal signed with Russian shipping company SCF Group (Sovcomflot).

Shippers are looking to liquefied natural gas (LNG) to help them meet stricter emissions regulations in 2020.

Oil tankers are “another marine segment embracing the benefits of LNG fuel,” Maarten Wetselaar, Shell’s integrated gas and new energies director, said in an announcement released on Monday.

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Shell Plans to Tap Gas Hunger in Emerging Energy Demand Center

by Saket Sundria and Debjit Chakraborty: 5 April 2017, 11:46 BST

Royal Dutch Shell Plc plans to boost its gas marketing business in India and may expand its import capacity for the fuel as it seeks to tap the country’s demand-growth potential.

The Anglo-Dutch company is aiming to sell imported natural gas directly to users such as power utilities, fertilizer makers, petrochemical plants and city gas distributors, said Shaleen Sharma, head of upstream development in India. Shell has also set up a team in Singapore to look for opportunities to ship more liquefied natural gas to India, he said.

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LNG producers turn to trading, risk taking to maintain market share

* Large volume, long-term contracts now “more difficult” -Shell

* JERA, Total sign deal with flexible volumes, spot prices

* Woodside, Shell see big opportunity in small-scale LNG

By Osamu Tsukimori

CHIBA, Japan, April 5 Producers of liquefied natural gas (LNG), having shot themselves in the foot with oversupply, and facing calls for flexibility and greater competition from other fuels are taking on more risk and learning to trade, just like any other commodities dealers.

That’s a big change for a market long dominated by large producers such as Royal Dutch Shell and BP which provide major importers with fixed volumes under multi-decade contracts linked to the price of oil.

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Royal Dutch Shell strikes deal to offload its Hong Kong LPG business as $30bn sell-off programme rolls on

By Alex Sebastian For This Is Money10:59, 5 April 2017

Royal Dutch Shell has announced a deal to sell its liquefied petroleum gas business in Hong Kong and Macau to DCC Energy for $150.3million as it continues its $30billion asset sales programme.

The Anglo-Dutch oil major has been active in the two locations for close to 60 years and supplies services which help meet the needs of over 100,000 households. The business will continue to operate under the Shell brand.

Shares in Shell responded positively to the news, climbing 1.3 per cent to 2,127p Wednesday. 

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Petronas May Consider Shell Site for Canadian LNG Project

by Elffie Chew and Natalie Obiko Pearson: 3 April 2017

Malaysia’s Petroliam Nasional Bhd may be looking at building a $27 billion liquefied natural gas export terminal in northwestern Canada on the site of an abandoned Royal Dutch Shell Plc energy project, according to the company’s chief executive officer.

While Petronas, as the state-owned company is known, has yet to make a financial decision to move forward with its Pacific Northwest LNG project in British Columbia, Shell’s Ridley Island site “could be one of the options” for a location for the complex, CEO Wan Zulkiflee Wan Ariffin said in an interview in Kuala Lumpur Friday.

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Shell’s Wetselaar says LNG contract destination clauses “not really crucial”

CHIBA, April 4 (Reuters) – Royal Dutch Shell’s integrated gas and new energies director, Maarten Wetselaar, said on Tuesday that destination clauses in long-term liquefied natural gas (LNG) supply contracts that have linked suppliers and customers for decades are “not really crucial”. “They’re not really crucial in contracts anyway, once you’ve delivered LNG into a tank, it is quite expensive to get it out again and ship it to someone else,” Wetselaar said, speaking on the sidelines of a gas conference in Chiba, Japan.

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Shell withdraws from Kakinada gas project

Ayan PramanikApril 3, 2017

European oil and gas company Royal Dutch Shell has decided to discontinue its earlier proposal for a floating liquefied natural gas (LNG) import terminal off the Kakinada coast in Andhra Pradesh. The company said ample research had showed lack of adequate demand for liquid gas. “We have put a pause on that project. We worked closely with our partners and engineers and took it to the point where our engineering work was done and we were ready to go. We looked around (but) there was not enough demand. We cannot just spend hundreds of millions and do nothing. So, life …

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Shell Australia chair blasts ‘complacent’ policy

by Angela Macdonald-SmithMar 24, 2017 at 11:00 PM

Outgoing Shell Australia chairman Andrew Smith has held up Australia’s faltering energy policy and its “complacent” stance on competitiveness as risks to the energy giant’s appetite for investment here to grow in “new energy” areas such as renewables.

Mr Smith, who started with Shell as a refinery engineer in Geelong in 1986 and is being promoted after four years as “country chair”, said Australia needs “massive” investment to move towards a position of “net zero” emissions.

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Shell to drill new wells by end-2018 to shore up Australia gas supply

Royal Dutch Shell said on Tuesday it will drill 161 new gas wells at its Queensland operations by the end of 2018, helping to underpin its promise to continue supplying 10 percent of the domestic gas market to help prevent a shortage.

The project at its QGC operations in the Surat Basin in southeast Queensland has been planned for some time as existing wells decline, with the new wells due to be drilled this year and next. The wells will help sustain Shell’s 75 petajoules of gas supplies a year to eastern Australia’s gas market.

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Shell cancels Prince Rupert LNG project, to move forward on Kitimat project

Mar. 13, 2017 1:36 PM ET|By: Carl Surran, SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) says it is ending development of its proposed Prince Rupert liquefied natural gas project in British Columbia but is still considering the potential of its other Pacific coast LNG option.

Prince Rupert LNG was part of a portfolio of projects acquired in the takeover of BG Group last year, but Shell says the project no longer stacks up against existing options.

Shell said it continues to actively move forward on the proposed Kitimat LNG Canada project in B.C. with its partners, even though last year it indefinitely deferred a final investment decision on it because of market conditions.

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Prelude FLNG project relegated to the backburner

FLNG projects – mega tankers fitted with gas extraction and liquefaction facilities – allow producers to tap offshore gas wells and ship LNG without having to build costly pipelines to onshore plants. Owners can move the vessels to new fields when production at an old one ends, slashing asset end-of-life costs.

By Mark Tay: Reuters 6 March 2017

SINGAPORE: Once considered the future of gas production, floating liquefied natural gas (FLNG) projects have been firmly relegated to the backburner as global gas producers seek cheaper ways to compete with a surge in U.S. shale supplies and slumping prices.

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On board Shell’s Prelude barge, the world’s biggest vessel

PAUL GARVEY: Resources reporter, Perth: 4 March 2017

The biggest vessel the world has ever seen is in the final stages of preparation ahead of its maiden voyage to its permanent home off Australia’s northwest coast.

Royal Dutch Shell’s revolutionary Prelude floating liquefied natural gas facility — 50 per cent longer and six times the weight of the world’s largest aircraft carrier — is deep into the commissioning process at a shipyard in Korea, with the 120 Australians who will man the vessel already on board to familiarise themselves with the monster.

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Shell defies doubters by predicting boom for liquefied natural gas

The Telegraph: Shell defies doubters by predicting boom for liquefied natural gas

Jillian Ambrose20 FEBRUARY 2017 

Royal Dutch Shell has brushed off concern that the burgeoning market for liquefied natural gas is already oversupplied, after paying £36.5bn to buy market leader BG Group.

Shell’s first outlook report for LNG since the tie-up has predicted a market boom as demand from countries including China and India which will outpace the string of new project start-ups.

The market for LNG imports has already grown considerably in recent years but market commentators have raised fears that an explosion of new projects might flood the market. A deluge of LNG could push down prices just as Shell works to pay down the heavy cost of the tie-up.

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Shell says new LNG buyers want shorter, smaller contracts

Shell says new LNG buyers want shorter, smaller contracts

By Reuters20 February 2017

LONDON, Feb 20 (Reuters) – Royal Dutch Shell, the world’s biggest liquefied natural gas (LNG) trader following its takeover of BG Group last year, said new LNG customers that will drive demand are looking for shorter and smaller contracts.

Shell expects much of new LNG demand to come from countries that want to replace declining domestic gas production — which has already happened in Egypt and Pakistan — and those countries that are looking at LNG to complement pipeline and domestically produced gas, like China or Morocco.

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Shell names Yujnovich as chair, Smith to lead global trading

MATT CHAMBERS: Resources reporter Melbourne 4 Feb 2017

Shell Australia chairman Andrew Smith has been promoted to lead the oil major’s global trading business and will be replaced in April by the oil giant’s Canadian-based head of oil sands and former Rio Tinto executive Zoe Yujnovich.

Mr Smith, who has been at the helm of Shell Australia since 2013, has been promoted to lead Shell’s Singapore-based trading and supply business as executive vice- president.

During Mr Smith’s tenure, Shell has become the biggest producer of Australian LNG thanks to the Gorgon project in which it has a non-operating stake, and the acquisition of BG Group. Mr Smith played a key role in the deal.

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Shell plans Australian solar plants that can switch to gas

MATT CHAMBERS Resources reporter: Melbourne4 Feb 2017

Anglo-Dutch oil giant Shell is looking to invest in Australian solar plants that can switch to gas when needed to deliver baseload power supply as debate rages over renewable energy security in the wake of South Australia’s ­crippling power outages.

Shell, which is Australia’s biggest LNG exporter and one of the world’s largest oil companies, has revealed that Australia was one of three global locations, along with Oman and Brunei, where it was studying pairing renewable energy with gas, after last year flagging “new energies” would be a potential major source of growth for the fossil fuel company beyond 2020.

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Shell playing long game with Prelude FLNG

Shell playing long game with Prelude FLNG

2017-2018 startup date will coincide with LNG glut

By Sally Bogle
3 February 2017

Analysts say the Prelude FLNG facility will be used to boost Shell’s global LNG sales portfolio, rather than to target specific Asian customers, and that it will reap long-term gains for the company despite its 2017-2018 startup date coinciding with a glut of LNG supply.

One of Australia’s last remaining sanctioned greenfield LNG projects yet to be commissioned, Prelude will add to Shell’s stakes in other Australian projects – the North West Shelf, Gorgon, QCLNG and the planned Browse project – and become a strategic resource with which to exploit remote gas fields around the world.

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Shell Prelude LNG over-promise and under-delivery

Extracts from a Reuters/Nasdaq article Australia’s Ichthys LNG dealt blow as major contractor pulls plug”  dated 25 Jan 2017.

Australia’s$200 billion LNG production ramp-up is one of the biggest increases in supply the industry has ever seen, and it will lift Australia over Qatar as the world’s biggest exporter of the fuel.

Even so, most of Australia’s LNG projects currently under construction, including Chevron’s huge Gorgon facility and Royal Dutch Shell’s floating Prelude production vessel, are having trouble keeping within budget and sticking to schedules, and more delays are expected.

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Shell to sell Australian aviation fuels unit to Viva Energy

Shell to sell Australian aviation fuels unit to Viva Energy

by Angela Macdonald-Smith: 19 December 2016

Royal Dutch Shell has struck a $US250 million ($343 million) deal to sell its local aviation fuels division to Viva Energy in a further slimming down of its downstream operations in Australia.

The sale follows the oil giant’s $2.9 billion divestment of its other refining and fuels activities to Viva in 2014 and comes amid heightened speculation that Shell is getting set to offload its remaining stake in Woodside Petroleum.

The deal, expected to formally close by md-2017, will see the Shell brand still used for the aviation refuelling business under a licensing deal similar to the arrangement Viva has to use the logo for its petrol retailing business. Regulatory approvals still need to be secured.

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Shell to offload Dragon gas port

Danny Fortson: December 18 2016: The Sunday Times

Shell has begun quietly sounding out potential buyers for its share of a giant gas- import complex in west Wales.

The FTSE 100 company owns half of Dragon LNG, a terminal at Milford Haven that reheats super-chilled liquid natural gas after it is delivered by tankers. The site has the capacity to provide 10% of Britain’s gas needs.

Petronas, Malaysia’s state oil producer, owns the other half and is likely to have first right of refusal. Dragon is yet another asset that has been put up for sale by Shell, which has pledged to raise $30bn (£24bn) through a global disposal programme to offset the cost of its takeover of rival BG.

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Shell awards JGC contract for completion of Prelude LNG vessel

Written by Mark Lammey – 09/12/2016 3:58 pm

Japanese engineering firm JGC Corporation has won a contracted to support the completion of Shell’s Prelude floating LNG facility.

JGC said the construction work on the giant vessel − which is 1,600 ft long, 240ft wide and weighs in at 600,000 tonnes − was in its final stages in South Korea.

Once commissioned, it will produce 3.6million tonnes of LNG per year from the Prelude and Concerto gas fields, in the Browse Basin, off Australia.

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Petronas beats Shell to have the first floating LNG?

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screen-shot-2016-11-21-at-08-53-06by  Rigzone Staff: Thursday, November 17, 2016

Petronas announced Thursday that its first floating liquefied natural gas (LNG) facility, PFLNG SATU, has achieved first gas from the Kanowit gas field, located offshore Sarawak.

The first gas milestone signified the commencement of commissioning and startup for the floating LNG facility, which will soon progress towards commercial operations and first cargo, Adnan Zainal Abidin, Petronas acting vice president of LNG assets, development and production said.

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LIVING IN TRUMPWORLD

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Comment from Bill Campbell on the Energy Voice Article: Shell stresses importance of stable regulatory environment post-Trump victory

Under Trump, with the senate and congress to support him, we can look forward soon to significant deregulation in the US effecting positively onshore fracking, tar sands development, offshore Deepwater in the Gulf and a boost perhaps to Alaska drilling. One assumes the Keystone pipeline will go ahead and perhaps pipelines running from central US to East Coast for new LNG Plants to supply a Europe hedging its bets over Russian gas availability with Europe’s ongoing problems with Putin, sanctions etc. A significant increase in US output, leading to increase in global supply over demand could dampen oil price. Shell seems to have divested assets recently in the US in some of these areas to offset BG takeover costs so uncertain whether Trumpworld will be good or bad for Shell.

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Ten years since Garda baton charge on peaceful protestors

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The 10th of November 2006 was chosen by the Shell to Sea campaign as a suitable day of action as it marked the anniversary of the hanging of Ken Saro Wiwa and 8 other Ogoni activists who opposed Shell in Nigeria.

In 2007, following the baton charge and other incidents in which people were injured, GSOC sought to do a “policies and practices” investigation into the policing of Shell/Corrib protests. However, the then Minister for Justice Brian Lenihan denied GSOC permission to carry out this investigation. As the 2010 Frontline report stated this created “the impression that the State does not want the Garda Síochána held properly to account over the policing of the Corrib dispute”. [2]

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Shipping to become ‘major new sector’ for LNG: Shell

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by Angela Macdonald-Smith: 2 November 2016

Demand for LNG as a ship fuel has emerged as a much needed new source of growth in the oversupplied market, with oil giant Royal Dutch Shell giving a bullish assessment of the impact of tighter international rules on maritime emissions.

Shell’s head of integrated gas Maarten Wetselaar told investors in London that between shipping and trucking, the transport sector had become “a major new sector” for the LNG market.

The shipping market and the heavy trucking market together represent about 750 million tonnes of potential LNG demand, about three times the current global LNG supply, Mr Wetselaar said. He signalled that last week’s announcement of new rules on emissions from shipping had made Shell more positive on demand from the sector, noting it was an area where the competition was oil rather than cheap coal.

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Shell Among New LNG Sellers for Asia Gas Hub Contender Singapore

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By Ann KohSerene Cheong and Dan Murtaugh: Oct 24, 2016

Singapore, which is vying to become a regional center for the trading of liquefied natural gas in Asia, picked Royal Dutch Shell Plc and Pavilion Gas Pte Ltd. as its next suppliers of the fuel.

The companies will have exclusive rights to sell 1 million metric tons of LNG annually for up to 3 years, with imports beginning in 2017, the city-state’s Energy Market Authority said in a statement. The country will also consider spot purchases of the supercooled fuel and piped natural gas on a case-by-case basis, S. Iswaran, the Minister of Industry, said at the Singapore International Energy Week conference on Monday.

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Singapore awards new LNG import licences to Pavilion Gas and Shell Eastern Petroleum

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By Ann Williams

SINGAPORE – Pavilion Gas and Shell Eastern Petroleum have won exclusive contracts to supply Singapore with its next tranche of liquefied natural gas (LNG), beating out Sembcorp Industries and BG Singapore Gas Marketing.

“These two companies were selected on the basis of the reliability, flexibility and competitive-pricing of their LNG supplies,” said Mr S. Iswaran, Minister for Trade and Industry (Industry). “They have also secured strong support from buyers.”

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Singapore awards LNG import licences to meet future demand

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* Pavilion Gas, Shell win Singapore LNG import licences

* Importers offer shorter term contracts, alternate indices

* Immediate rise in LNG demand unlikely – traders (Updates story with Shell’s comments, details)

screen-shot-2016-10-20-at-23-00-27By Mark Tay: SINGAPORE, Oct 24

Pavilion Gas and Shell Eastern Petroleum have been appointed as importers of liquefied natural gas (LNG) into Singapore, the trade minister said on Monday, as the city-state gears up to take more LNG.

Singapore, which relies almost exclusively on gas for electricity generation, currently takes the bulk of its gas via pipelines from Malaysia and Indonesia but is expected to boost LNG shipments in coming years.

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Shell’s $30bn divestment programme: What we know so far

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Written by Mark Lammey – 22/10/2016 5:30 am

Oil and gas giant Shell plans to sell $30billion worth of assets from 2016 to 2018 to offset the cost of its $50billion takeover of BG Group, which was completed in February.

By the end of June, 2016, Shell had completed deals worth $1.5billion, according to its half-year results update.

Of that sum, $820million was generated by offloading interests in Shell Midstream Partners, while $560million came from the sale of property, plant and equipment and businesses.

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Gazprom and Shell Reaffirm Strategic Cooperation

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By MarEx 2016-10-05 19:55:14

Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Shell, discussed developments in their strategic cooperation, signed in 2015, this week at the sixth St. Petersburg International Gas Forum.

The parties discussed a wide range of issues related to the development of strategic partnership in the energy sector, paying particular attention to the construction project for the third production train of the LNG plant on Sakhalin Island (Sakhalin II project). It was noted that the preparation of design and FEED documentation is nearing completion.

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Russia sets eyes on Baltic energy market

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cropped-Screen-Shot-2016-09-09-at-20.58.10.jpgBy Daniel J. Graeber

Russian energy company Gazprom is reviewing options for highly maneuverable gas shipments from Baltic states aside from pipeline commitments, an official said.

Alexander Medvedev, the deputy CEO at Gazprom, said the company signed an agreement with Dutch supermajor Shell to review marketing options for liquefied natural gas from eastern European states bordering the Baltic Sea.

“The memorandum with Shell on the marketing model was signed yesterday for the Baltic LNG,” he was quoted by state news agency Tass as saying.

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Carnival to power cruise ships with LNG

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UPI: Carnival to power cruise ships with LNG

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By Daniel J. Graeber: Oct 3, 2016

Maritime travel company Carnival Corp. said Monday it signed a deal to power its cruise ships with liquefied natural gas from Dutch energy company Shell.

Carnival said it signed up to become the first company of its kind to power vessels with liquefied natural gas. At the onset, Shell will supply LNG to two ships set for launch in 2019. The travel company said the agreement is part of a green initiative meant to reduce its environmental footprint.

“We are committed to reducing our air emissions and improving air quality by evaluating new and established solutions such as LNG — an especially promising option because of its environmental and other benefits,” Tom Strang, senior vice president of maritime affairs for Carnival Corp., said in a statement.

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Shell To Supply Liquefied Natural Gas For Carnival Cruise Ships

cropped-Screen-Shot-2016-09-09-at-20.58.10.jpgShell To Supply Liquefied Natural Gas For Carnival Cruise Ships

Mon, 3rd Oct 2016 11:25

PANAMA (Alliance News) – Cruise operator Carnival PLC announced it has signed a framework agreement with Shell Western LNG BV, a unit of Royal Dutch Shell PLC, to be its supplier of marine liquefied natural gas to power the fully LNG-powered cruise ships.

Under the agreement, Shell will initially supply Carnival Corporation’s AIDA Cruises and Costa Cruises brands with fuel for two new LNG-powered ships expected to launch in 2019.

The agreement builds on the partnership established between Carnival Corporation’s AIDA Cruises brand and Shell in April to supply its AIDAprima ship with LNG to power the vessel while docked.

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Australian Government unconvinced about FLNG safety claims

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By Bill Campbell (Retired HSE Group Auditor, Shell International)

Comment on: Shell Australia’s giant Prelude floating LNG project likely to come on stream in 2017

(refer to 295-page Report by Economics and Industry Steering Committee issued 7 May 2015)

Much has been written on this website about FLNG, the Prelude specifically raising doubts about the validity of claims by Shell that FLNG risks are as safe as if not more so than conventional offshore installations. The Government report raised considerable concerns in relation to the safety of FLNG facilities. In particular, concerns were raised about the compact nature of the working environment offshore relative to the space afforded to an onshore LNG processing plant and that the facilities will remain manned during cyclonic storms.

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Russia’s Sakhalin-2 partners agree on LNG marketing strategy for third train – Shell

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screen-shot-2016-09-28-at-11-44-04YUZHNO-SAKHALINSK, Russia, Sept 28 (Reuters) – Partners at Russia’s Sakhalin-2, the sole liquefied natural gas (LNG) plant in the country, have agreed on the strategy of marketing LNG from the planned third train, Olivier Lazare, head of Royal Dutch Shell in Russia, told a conference.

Sakhalin-2 is currently operating two LNG production trains with combined capacity of around 10 million tonnes of LNG per year. The planned third train should add another 5 million tonnes of annual capacity.

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What Royal Dutch Shell Is Doing To Solve LNG’s Biggest Challenge

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By Gary Bourgeault: 19 Sept 2016

There is one basic thing Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) needs to do to take full advantage of its LNG strategy, and that is to boost demand by increasing the number of fueling stations in the markets they’re competing in.

It has been marketing its LNG brand for some time, but it hasn’t had the desired impact in the short term because the infrastructure isn’t in place to respond to demand. If it can’t service demand than marketing efforts are underwhelming to say the least.

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