Insight
What Shell’s acquisition of Pavilion LNG assets means for the Singapore gas market
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
We wrote an Inform last week on Shell's successful acquisition of Temasek’s LNG trading business, Pavilion Energy, through a competitive auction, which further enhances Shell’s leadership in the global LNG market. The deal is expected to close in Q1 2025. Read our follow-up insight for analysis including: • What does the deal mean for Singapore's LNG import scene in the near term? • How does Singapore's changing market dynamics affect Shell's LNG supply availability in the future? • How will this acquisition affect the burgeoning LNG bunkering services in Singapore?
Table of contents
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What is Shell getting from this deal in terms of Singapore market access?
- LNG import license and Gas Supply Agreements (GSA)
- LNG bunkering service
- Piped Gas Supply
- How does the deal relate to the other changes in Singapore’s market structure?
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