Shell Focusing Spending on Gas Infrastructure, Supplying LNG Plants
10/6/2022
(Reuters) — Shell is focusing its short-term investments on new natural gas infrastructure and boosting supplies to existing LNG plants, an executive said on Thursday.
"In the short term our focus is on the investment required for infrastructure... and investments to backfill existing LNG plants around the world," Shell's head of LNG Cederic Cremers told the Energy Intelligence Forum in London.
Infrastructure includes LNG regasification terminals and gas pipelines, he said.
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Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
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