Shell completes acquisition of Pavilion Energy, strengthening leadership position in LNG

4/3/2025

Pavilion Energy, headquartered in Singapore, operates a global liquified natural gas (LNG) trading business with contracted supply volume of approximately 6.5 MMtpy. The acquisition includes Pavilion Energy’s portfolio of LNG offtake and supply contracts, regasification capacity, and LNG bunkering business, strengthening Shell’s position in the LNG market.

The acquisition will be absorbed within Shell’s cash capital expenditure guidance. This acquisition helps to deliver on Shell’s ambition to solidify its leading position in LNG by growing sales by 4%-5% per year through to 2030. The integration of Pavilion Energy’s assets into Shell’s global LNG portfolio will commence immediately.