Shell Eyes 12 Million Metric Tons of LNG Capacity Expansion by 2030

Key Takeaways Shell plans to expand LNG capacity by 12M metric tons from projects in four global regions. Expansion efforts include new builds and the Pavilion Energy acquisition to boost trading scale. SHEL's growth targets align with projected 60% rise in global LNG demand driven by Asia by 2040.Shell plc (SHEL) , the world’s top liquefied natural gas (“LNG”) trader, recently announced at an energy conference in London that it intends to increase LNG capacity by up to 12 million metric tons through 2030 ...