Oil & Energy
Shell To Relocate To Singapore
Royal Dutch Shell, the world’s biggest LNG company, will move the head quarters of
its integrated gas business to Singapore from Europe as part of its quest to
feed Asia during demand for the fuel, the company has said.
The
headquarters of the integrated gas business, which includes all Shell’s gas and
LNG projects outside of North America, will move to Singapore once it has
received approvals from staff councils, Shell upstream director Andrew Brown
told reporters at a briefing, according to Reuters.
“It will
be the largest object man has ever built that floats”, Brown said of Prelude, a
500 metre long vessel costing over $10 billion, being constructed to supply
Asian markets with gas from Australia.
“I think
this really demonstrates where we see the growth of the gas market.
The
growth of the integrated gas business will be Asia based.
The
company is milling more mammoth LNG projects akin to the prelude development,
not only in Australia, but also Indonesia and the US, Brown said, and is
considering projects which could almost double its current capacity to produce
liquefied natural gas (LNG).
LNG, a
cooled form of the gas, allows the resource to be shipped far from the rocks in
which it is found, often to Asian markets where there is strong demand and it
fetches a higher price.
Shell, whose total production is split 50-50 between gas
and oil a balance which Brown said the company would maintain is the world’s
biggest LNG Company by annual tonnage, with 22 million tonnes per year
currently onstream, putting it ahead of its next biggest rivals Exxon, BP,
Total and BG.
Forecasting Soaring Asian gas demand in the coming decades,
Brown said other regions would step up to supply Asian markets with LNG, adding
to the current limited number of exporters.
“The next big wave will be North America and East Africa”,
he said.
Shell has
already positioned itself to play a role in planned projects to turn the US and
Canada into exporter of LNG but so far does not have exposure to East Africa,
after a failed attempt to buy.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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