Shell completa la adquisición de Pavilion Energy, reforzando su posición de liderazgo en el mercado de GNL

Pavilion Energy, con sede en Singapur, opera una cartera global de comercialización de gas natural licuado (GNL) que supone un volumen contratado de suministro de 6,5 millones de toneladas por año (mtpa). La operación incluye la cartera de contratos de compra y suministro de GNL, la capacidad de regasificación, y el negocio de abastecimiento de GNL de Pavilion Energy, fortaleciendo la posición de Shell en el mercado de GNL.

La adquisición se materializa en línea con las directrices de inversión de la compañía. Esta adquisición contribuye a cumplir la ambición de Shell de consolidar su posición de liderazgo en GNL mediante un crecimiento de las ventas de entre un 4% y un 5% anual hasta 2030. La integración de los activos de Pavilion Energy en la cartera global de GNL de Shell comenzará de manera inmediata.

Notas para los editores

• El 18 de junio de 2024, Shell anunció la firma de un acuerdo para adquirir Pavilion Energy a Carne Inversiones Pte. Ltd., una subsidiaria indirecta de propiedad total de Temasek:
  • La cartera de Pavilion Energy comprende alrededor de 6,5 mtpa de contratos de venta y suministro de GNL a largo plazo. También incluye una capacidad de regasificación a largo plazo de aproximadamente 2 mtpa en la terminal de GNL de Isle Grain (Reino Unido), el acceso a la regasificación en Singapur y España, así como el flete por tiempo de tres buques de GNL de inyección de gas controlada electrónicamente (MEGI) de tipo M y dos buques de gas diésel tricombustible eléctrico (TFDE). También tiene un negocio de bunkering de GNL habiendo desplegado su primer buque a principios de 2024.
  • El negocio de gas por gasoducto de Pavilion Energy en Singapur no se incluyó como parte de la transacción y ha sido transferida a Gas Supply Pte Ltd (GSPL), una subsidiaria de propiedad total de Temasek.
  • La participación del 20% de Pavilion Energy en los bloques 1 y 4 en Tanzania no está incluida en la transacción.
• Shell, a través de su adquisición de BG, tiene la primera licencia de importación de GNL a Singapur, suministrando casi una cuarta parte de las necesidades de gas natural del país. Durante más de 10 años, Shell ha suministrado GNL a Singapur y otros mercados de Asia de forma fiable y competitiva, comercializando con GNL, crudo, productos derivados del petróleo y otras materias primas energéticas sirviendo a clientes de toda Asia, contribuyendo activamente a la seguridad del suministro de energía de la región. Shell es pionera en el desarrollo del GNL como combustible marino para actividades de bunkering en Singapur.

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control. The terms “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

Forward-Looking statements

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and www.sec.gov

). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, April 1, 2025. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

Shell’s net carbon intensity

Also, in this announcement we may refer to Shell’s “net carbon intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries. Shell’s net-zero emissions target Shell’s operating plan and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our Scope 1, Scope 2 and NCI targets over the next ten years. However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.

 

Forward-Looking non-GAAP measures

This announcement may contain certain forward-looking non-GAAP measures such as adjusted earnings and divestments. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements. The contents of websites referred to in this announcement do not form part of this announcement. We may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1- 32575, available on the SEC website www.sec.gov

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