Royal Dutch Shell and independent Chinese energy company plan LNG trading joint venture
Royal Dutch Shell and the privately-owned Chinese company, GCL Oil & Natural Gas Co., have signed an agreement to explore the establishment of a joint venture based in eastern China to market and trade liquefied natural gas.
Shell 2021 cargo tender
April 14 (LNGJ) - Shell Eastern Trading Pte Ltd, the Singapore-based trading unit of Royal Dutch Shell, has offered LNG cargoes for loading from 2021 onwards for a period of at least five years through a tender, according to executives.
The firm has apparently issued a five-year strip tender offering four cargoes a year from 2021 onwards with an option to extend for another five years. The Shell tender closes on May 18 and the volumes would likely come from Australia, where Shell owns the Queensland Curtis LNG plant and Prelude FLNG as well as having offtake from several other Australian projects.
