Shell's LNG Portfolio Is Bigger Than Most Investors Realize. Here's the Volume Number.

Shell sold 17.96 million metric tons of LNG in Q2 2026 (72 million annualized), demonstrating the massive scale of its LNG business that extends beyond its own production to include trading, shipping, and regasification operations. With 44 million metric tons of annual equity LNG capacity and control of roughly 10% of global LNG shipping, Shell is well-positioned to capitalize on expected global LNG demand growth from 422 million metric tons in 2025 to nearly 700 million metric tons by 2050.