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Edison to buy U.S. LNG from Shell in 15-year deal starting 2028 - Finance news and analysis from Global Banking & Finance Review
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Edison to buy U.S. LNG from Shell in 15-year deal starting 2028

Published by Global Banking & Finance Review

Posted on September 10, 2025

1 min read

· Last updated: September 10, 2025

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Edison Signs 15-Year LNG Purchase Agreement with Shell Starting 2028

Edison Expands LNG Portfolio with Shell Agreement

(Reuters) -Italy's energy company Edison on Wednesday signed an agreement with Shell to purchase liquefied natural gas (LNG) from the United States, expanding its long-term portfolio.

Details of the LNG Deal

The Italian subsidiary of France's EDF will receive around 0.7 million tonnes per annum of LNG starting in 2028 and continuing for up to 15 years, it said in a statement.

Impact on Energy Supply

(Reporting by Romolo Tosiani in Gdansk; Editing by Matt Scuffham)

Key Takeaways

  • Edison signs a 15-year LNG purchase agreement with Shell.
  • The deal involves 0.7 million tonnes of LNG annually.
  • The agreement begins in 2028, enhancing Edison's portfolio.
  • Edison is an Italian subsidiary of France's EDF.
  • The deal marks a significant expansion in energy supply.

Frequently Asked Questions

What is LNG?
LNG stands for liquefied natural gas, which is natural gas that has been cooled to a liquid state for ease of storage and transport.

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