Petroleum Economist: Shell makes big bets on LNG

July 19, 2024 Jason Feer, the Head of Business Intelligence at consultancy Poten & Partners, sees the pricing of the volumes involved in the deal as significant. “Looking at their contracts, there are some volumes that are pretty well-priced,” Feer said. ”About 3.9mt/yr (that I can see) is priced at the low 11% of Brent or less, with about 3.lmt/yr of that priced at the low to mid-10% of Brent. This is pretty attractive pricing. It also holds some contracts from the US that are secondary deals (i.e. purchased from a lifter, not directly from a US project) that are competitive compared to similar deals for US volumes:” To read the full article, click here.