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Wednesday
18 Oct 2023

Shell Calls Energy Transfer Reliable, Supports LNG License Application

18 Oct 2023  by reuters   

A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/ File Photo Acquire Licensing Rights
Shell PLC (SHEL.L) has submitted a letter to the U.S. Energy Department in support of Energy Transfer's (ET.N) request for a new license to export liquefied natural gas (LNG) to countries without free trade agreements with the U.S., saying the pipeline operator is a reliable gas supplier.

Shell is among energy companies that have filed arbitration cases against Venture Global LNG over its failure to supply fuel under long-term contracts, even as it has shipped at least 200 cargoes to non-contract customers.

"Reliability of supply has become a key issue recently among non-free trade countries purchasing U.S. LNG and Shell very much values Energy Transfer's credibility to deliver on what it promises," said Jill Davies, president of Shell North America LNG company, in the letter seen by Reuters.

In August, Energy Transfer requested a new and expedited export license for its proposed Lake Charles, Louisiana, LNG plant, according to a DOE filing.

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