Shell to Strengthen Its LNG Portfolio With New QatarEnergy Deal

Zacks12-04

Shell plc SHEL on Dec. 2, 2024, has announced an accord with QatarEnergy to secure 3 million metric tons per annum of liquefied natural gas (LNG) for delivery to China starting January 2025. This deal...

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This deal...</p>\n\n<a href=\"https://finance.yahoo.com/news/shell-strengthen-lng-portfolio-qatarenergy-122700327.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0300736062.USD","symbol_name":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/shell-strengthen-lng-portfolio-qatarenergy-122700327.html","article_id":"2488194468","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/NhDUxpcY739MMLFfOqryDg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/0caaa20aeade0884d0a3a6fed86f758b"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488194468","pubTimestamp":1733315220,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Shell plcSHEL on Dec. 2, 2024, has announced an accord with QatarEnergy to secure 3 million metric tons per annum of liquefied natural gas  for delivery to China starting January 2025. This deal will strengthen Shell’s footprint in Asia, the biggest LNG market.China, the world’s largest LNG buyer, imported 71 million metric tons in 2023 and a record high of 79 million metric tons in 2021. As the Asian economies welcome cleaner energy, SHEL forecasts that there will be 50% growth in this market by 2040, and natural gas will be positioned as a key replacement for coal in the future.Chevron, one of the biggest companies dealing in LNG, is also working on major LNG projects like the Gorgon and the Wheatstone in Australia, which will help it secure a stronghold in the growing Asian market.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","IE00B29SXK94.USD":"FIRST SENTIER GLOBAL LISTED INFRASTRUCTURE \"I\" (USD) ACC","SHEL":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS","LU0122376428.USD":"贝莱德世界能源基金A2","BK4144":"石油与天然气的储存和运输","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","BK4570":"地缘局势概念股","IE00B3CCJ963.GBP":"GUINNESS GLOBAL ENERGY \"C\" (GBP) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2449327464.USD":"HSBC GIF GLOBAL INFRASTRUCTURE EQUITY \"AC\" (USD) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU1929549753.HKD":"FRANKLIN INCOME \"A\" (HKD) INC","CQP":"Cheniere Energy Partners L.P.","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4566":"资本集团","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LNG":"Cheniere Energy Inc","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU0278409577.USD":"MANULIFE GLOBAL FUND-GLOBAL RESOURCES FUND \"AA\" (USD) INC","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0788109394.HKD":"BGF WORLD ENERGY \"A2\" (HKDHGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","CVX":"雪佛龙","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","BK4581":"高盛持仓","LU0251142724.SGD":"Fidelity America A-SGD","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0368265418.SGD":"Blackrock World Energy Fund A2 SGD-H","LU0266512127.USD":"摩根大通环球自然资源 A(acc)","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","IE00B29SXL02.USD":"FIRST SENTIER GLOBAL LISTED INFRASTRUCTURE \"I\" (USD) INC","BK4201":"综合性石油与天然气企业"},"translate_title":"壳牌将通过卡塔尔能源新交易加强其液化天然气产品组合","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHEL":1,"CVX":1,"LNG":1,"CQP":0.9},"content_text":"Shell plc SHEL on Dec. 2, 2024, has announced an accord with QatarEnergy to secure 3 million metric tons per annum of liquefied natural gas (LNG) for delivery to China starting January 2025. This deal will strengthen Shell’s footprint in Asia, the biggest LNG market.\nSHEL’s Position in the Growing Asian LNG Market\nChina, the world’s largest LNG buyer, imported 71 million metric tons in 2023 and a record high of 79 million metric tons in 2021. As the Asian economies welcome cleaner energy, SHEL forecasts that there will be 50% growth in this market by 2040, and natural gas will be positioned as a key replacement for coal in the future.\nWith this deal, SHEL has inked the 11th LNG supply agreement with QatarEnergy, marking its stronghold in the LNG trading market. With QatarEnergy, Zacks Rank #3 (Hold) Shell had previously joined forces on various global ventures, including a 20-year naphtha supply deal and the Pearl GTL plant. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nSHEL’s Growth in Energy Markets\nSHEL’s robust LNG sale in the Asian markets not only strengthens its portfolio but also supports its strong financial performance reflected in its latest quarterly result.\nQatarEnergy can foresee a bright future for LNG in Asian markets for at least the next 50 years, which secures SHEL’s position as a leading LNG trader while transitioning to sustainable solutions. QatarEnergy also announced its plan to expand production in the North Field, the largest gas reservoir, to increase the country’s LNG production capacity by 16 million tons annually.\nWith recent policy shifts favoring LNG expansion in the U.S. markets, investors can also monitor other LNG companies like Cheniere Energy, Inc. LNG and Chevron Corporation CVX.\nCheniere, the first company to receive regulatory approval to export LNG from its 2.6 billion cubic feet per day Sabine Pass terminal, enjoys a distinct competitive advantage over other natural gas companies.\nChevron, one of the biggest companies dealing in LNG, is also working on major LNG projects like the Gorgon and the Wheatstone in Australia, which will help it secure a stronghold in the growing Asian market.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nChevron Corporation (CVX) : Free Stock Analysis Report\nCheniere Energy, Inc. (LNG) : Free Stock Analysis Report\nShell PLC Unsponsored ADR (SHEL) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2488194468"}