As global demand for cleaner energy intensifies, Shell is accelerating its expansion in the liquefied natural gas (LNG) sector with a target to add 12 million tons of new capacity by the end of the decade. This growth strategy includes major developments in Nigeria, Qatar, Canada, and the UAE.
Cederic Cremers, President of Integrated Gas at Shell, confirmed the initiative during a global energy conference in London, emphasizing the company’s long-term focus on securing a diversified, sustainable LNG supply chain. Shell, already the world’s leading LNG trader, delivered 65 million tons to more than 30 countries last year alone.
In Nigeria, Shell continues to play a critical role through its partnership in the Nigeria LNG (NLNG) joint venture. This collaboration, alongside the Nigerian National Petroleum Company (NNPC) and other international partners, supports Nigeria’s broader agenda to scale up its LNG exports and solidify its presence in the global gas market.
Beyond Nigeria, Shell is also heavily invested in the expansion of Qatar’s massive North Field, the largest natural gas reserve globally. Meanwhile, its 40% stake in the LNG Canada project positions the company to supply high-demand Asian markets.
To further strengthen its trading capabilities, Shell recently acquired Pavilion Energy, a Singapore-based LNG trading firm, enhancing its global supply and distribution network.
Industry forecasts remain optimistic. Shell’s latest annual outlook predicts a 60% increase in global LNG demand by 2040, driven largely by Asia’s economic rise, cleaner industrial transitions, and the mounting energy requirements of artificial intelligence and digital infrastructure.
By investing in critical LNG infrastructure across multiple continents, Shell is not only preparing to meet the world’s future energy needs but also contributing significantly to the economic development of partner nations like Nigeria.