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Shell Targets 12m Tons Boost in LNG Output by 2030

Global energy giant Shell says it plans to ramp up its liquefied natural gas (LNG) production capacity by 12 million tons by the end of the decade, tapping into major projects across Canada, Qatar, Nigeria, and the United Arab Emirates.

Cederic Cremers, President of Integrated Gas at Shell, made the announcement during the Gas, LNG & The Future of Energy 2025 conference hosted by Wood Mackenzie in London.

“Up to 12 million tons of additional LNG capacity [is] what we’re adding between now and the end of the decade,” Cremers said.

He noted that the expansion will be driven by Shell’s involvement in several strategic projects, including its 40% stake in LNG Canada and partnerships with QatarEnergy on the massive North Field expansion project—recognized as the world’s largest gas field.

LNG Canada, located in Kitimat, British Columbia, recently received its first import cargo of liquefied gas for equipment testing as the facility prepares to go fully operational later this year. The project marks Canada’s first foray into LNG exports, with an eye on high-demand Asian markets.

Shell has also strengthened its LNG trading position with the recent acquisition of Singapore-based Pavilion Energy.

The company, the world’s top LNG trader, projected in its latest annual LNG report that global demand will surge by 60% through 2040. “Asia’s economic growth, decarbonization of heavy industry and transport, and AI-driven power demand will be key drivers,” Shell noted.

Shell’s expanded LNG footprint is expected to play a pivotal role in meeting rising energy needs while supporting global emissions reduction efforts.