Shell Initiates Project Development for Fos-sur-Mer LNG Terminal

Shell Energy Europe and the Port of Marseille Authorities have agreed to initiate the development of a potential LNG regasification terminal in Fos-sur-mer. The project would have in its first phase a typical capacity of around 8 billion cubic meters of gas per year.

This agreement adds to Shell's existing LNG project under development in Sicily (Ionio LNG) and the recently announced heads of agreement concerning capacity at a later stage of the Gate Terminal in Rotterdam in the Netherlands.

Michael O'Callaghan, Executive Vice President Europe, Russia, and Central Asia, Shell Gas & Power, commented: "Shell is a leading player in both global LNG and European gas supply. With this further agreement, we are following our strategy of creating opportunities to bring additional LNG to Europe and contributing to a diverse energy supply."

Shell Energy Europe is the European arm of Shell's Gas & Power business. With a staff of 450 spread over 12 countries, Shell Energy Europe (SEE) focuses on managing supplies and sales of gas to a large range of customers across Europe. SEE can draw on an unequalled diversity of gas supplies from Shell's gas production activities across the globe as well from third parties. The supply portfolio includes pipeline gas and LNG from Shell's worldwide operations as the global leader in LNG.