Shell in 10-Year Deal with Brunei LNG

Shell in 10-Year Deal with Brunei LNG

LNG player Shell said it has signed an LNG deal with Brunei LNG to buy 800,000 tonnes of LNG per annum for a period of 10 years starting in April.

Brunei LNG is owned by the Government of Brunei (50%), Shell Overseas Trading Limited and Mitsubishi Corporation (both 25%).

The company operates 5 LNG trains and produces 6.71 million tonnes of liquefied natural gas every year.

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LNG World News Staff, April 15, 2013