The unit at the company’s Geismar site in Louisiana, US will bring total production to over 1.3 million tpy.
According to Shell’s annual LNG Outlook, strong growth in LNG demand could cause a potential supply shortage in mid-2020s.
The vessels are part of a series of six SCF Group tankers currently under construction and due for delivery between 3Q18 and 1Q19.
The plant will be located at Shell’s Rhineland refinery in Germany and will have a peak capacity of 10 MW.
DCC LPG buys Hong Kong and Macau LPG marketing business from Shell for approximately US$150 million.
Eight energy companies have committed to reducing the methane emissions from the natural gas assets.