SUBSCRIBE
PROFILE

Shell completes acquisition of Pavilion Energy, strengthening position in LNG market

Shell has finalised the acquisition of Pavilion Energy in Singapore, integrating a portfolio of 6.5 mtpa LNG contracts, regasification capacity, and bunkering activities.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has completed the acquisition of all shares in Pavilion Energy Pte. Ltd., a company headquartered in Singapore. Initially announced in June 2024, the deal allows Shell to immediately integrate Pavilion Energy’s global commercial assets into its liquefied natural gas (LNG) portfolio. The acquisition aligns with Shell’s strategy to grow LNG sales by 4 to 5% annually through to 2030.

A strategic portfolio integrated at the heart of the Asian market

The acquisition includes approximately 6.5 million tonnes per annum (mtpa) of long-term LNG sales and supply contracts. Shell also gains regasification capacity of around 2 mtpa at the Isle of Grain terminal in the United Kingdom, alongside access to regasification infrastructure in Singapore and Spain. Pavilion Energy’s fleet—comprising three M-type, Electronically Controlled Gas Injection (MEGI) vessels and two Tri-Fuel Diesel Electric (TFDE) vessels—will also join Shell’s operational assets.

LNG bunkering expansion and notable transaction exclusions

The portfolio also includes LNG bunkering operations, with the first vessel entering service in early 2024. This segment strengthens Shell’s position in developing LNG as a marine fuel, particularly within the strategic hub of Singapore. However, certain activities were excluded from the transaction. Pavilion Energy’s pipeline gas business in Singapore was transferred to Gas Supply Pte Ltd, a wholly-owned subsidiary of Temasek. Additionally, the 20% interest in Blocks 1 and 4 in Tanzania remains outside the scope of the deal.

Regional consolidation and long-term ambitions

With this acquisition, Shell reinforces its position as a leading LNG supplier in Singapore, a market it has served for over a decade, currently covering nearly a quarter of the country’s gas needs. Through the integration of Pavilion Energy’s assets, Shell continues to expand its commercial presence across the Asian market while cementing its role in regional energy security. The transaction will be absorbed within Shell’s capital expenditure guidance, with no adjustment announced to its investment envelope.

  • Popular on energynews.pro
Condor raises $13.65mn to accelerate gas drilling programme in Uzbekistan
Ørsted sells 55% stake in Changhua 2 offshore wind farm to Cathay
LG Energy Solution cancels $2.7bn deal with Freudenberg Battery Power
CNOOC launches ninth offshore project in 2025 in the South China Sea
Global wind industry suffers historic downturn in 2025 despite Chinese resilience
Myanmar resumes LNG imports with first shipment since 2021
After a hiatus of more than four years, Myanmar has resumed liquefied natural gas deliveries, receiving a half-cargo in November to supply two state-funded power generation projects.
Canberra imposes mandatory gas reserve to secure domestic supply
The Australian government will require up to 25% of gas extracted on the east coast to be reserved for the domestic market from 2027, in response to supply tensions and soaring prices.
Baker Hughes to supply six LM9000 turbines for Commonwealth LNG terminal
Baker Hughes will deliver six gas refrigeration trains for Commonwealth LNG’s 9.5 mtpa export project in Louisiana, under a contract with Technip Energies.
Shanghai Electric launches 625 MW upgrade to strengthen Iraq’s power grid
Shanghai Electric begins a combined-cycle expansion project across four Iraqi provinces, aiming to boost energy efficiency by 50% without additional fuel consumption.
Zefiro completes $1.5mn gas project in Pennsylvania and prepares $5mn operation in Louisiana
Zefiro Methane, through its subsidiary Plants & Goodwin, completes an energy conversion project in Pennsylvania and plans a new well decommissioning operation in Louisiana, expanding its presence to eight US states.
France: the Council of State bans coalbed methane exploitation in Lorraine
The Council of State has cancelled the authorisation to exploit coalbed methane in Lorraine, citing risks to the region's main aquifer and bringing an end to a legal battle that began over a decade ago.
JERA signs seven-year LNG supply deal with Hokkaido Gas
Japanese power producer JERA will deliver up to 200,000 tonnes of liquefied natural gas annually to Hokkaido Gas starting in 2027 under a newly signed long-term sale agreement.
Israel seals a €30 billion gas contract with Egypt
An agreement announced on December 17, 2025 provides for twenty years of deliveries through 2040. The package amounts to 112 billion new Israeli shekels (Israeli shekels) (NIS), with flows intended to support Egyptian gas supply and Israeli public revenues.
ADNOC raises up to $11bn to finance the Hail and Ghasha offshore gas project
Abu Dhabi’s national oil company has secured a landmark structured financing to accelerate the development of the Hail and Ghasha gas project, while maintaining strategic control over its infrastructure.
Sawgrass LNG marks eight years of liquefied natural gas deliveries to The Bahamas
U.S.-based Sawgrass LNG & Power celebrates eight consecutive years of LNG exports to The Bahamas, reinforcing its position in regional energy trade.
Kinder Morgan restores EPNG capacity at Lordsburg earlier than expected
Kinder Morgan restored the EPNG pipeline capacity at Lordsburg on December 13, ending a constraint that had driven Waha prices negative. The move highlights the Permian’s fragile balance, operating near the limits of its gas evacuation infrastructure.
ENGIE commissions 875 MW of flexible capacity to support Belgian grid
ENGIE activates key projects in Belgium, including an 875 MW gas-fired plant in Flémalle and a battery storage system in Vilvoorde, to strengthen electricity supply security and grid flexibility.
Hungary signs five-year gas deal with Chevron despite ties to Moscow
Hungary has signed a contract with US company Chevron to import 400mn m³ of LNG per year, while maintaining a structural dependence on Russian gas through a long-term agreement with Gazprom.
Subsea7 secures $300mn contract for Gorgon Stage 3 project in Australia
Chevron Australia awards Subsea7 a major contract for subsea installation on the Gorgon Stage 3 project, with offshore operations scheduled for 2028 at 1,350 metres depth.
Ovintiv signs 12-year deal for access to Cedar LNG liquefaction capacity
Ovintiv has entered into an agreement with Pembina Pipeline Corporation to secure 0.5 million tonnes per annum of LNG liquefaction capacity over 12 years, strengthening its export outlook to Asian markets.
TotalEnergies sells 9.998% stake in Malaysia’s SK408 block to PTTEP
TotalEnergies has completed the sale of a minority stake in a Malaysian offshore gas block to PTTEP, while retaining its operator role and a majority share.
Brussels eases methane stance to secure gas imports
The European Union will apply its methane emissions rules more flexibly to secure liquefied natural gas supplies from 2027.
Caracas ends gas trade with Trinidad and Tobago after tanker seizure
Venezuela has ended all energy cooperation with Trinidad and Tobago after the seizure of an oil tanker carrying crude by the United States, accusing the archipelago of participating in the military operation in the Caribbean.
National Fuel raises $350mn through private placement to fund strategic acquisition
National Fuel has secured $350mn in a private placement of common stock with accredited investors to support the acquisition of CenterPoint’s regulated gas business in Ohio.
François Michel appointed CEO of GTT after record year
GTT appoints François Michel as CEO starting January 5, separating governance roles after strong revenue and profit growth in 2024.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.