Dragon LNG is a standalone business with its own management team. The team draws on the experience of its two shareholders; Shell(50%) - a global energy business and a world leader in natural gas - and Petronas (50%) - ranked among FORTUNE Global 500's largest corporations in the world.
Liquefied Natural Gas (LNG) has been used in the UK for over 40 years and Dragon LNG's international shareholders have a long history operating in the oil and gas industry.
In the UK we use natural gas to generate some of the electricity we use every day and many of us also use natural gas for heating and cooking in our homes and businesses. Liquefied natural gas (LNG) was first imported into the UK in the 1960s; however from the 1970s the North Sea gas fields have supplied most of the UK's natural gas requirements.
As gas supplies from this source decrease over time we will need to import increasing amounts of gas to meet our energy requirements. Some of this gas can come through pipelines, but these are then dependent on one particular source. LNG-receiving terminals such as ours provide flexibility, as the gas can come from anywhere in the world.
The ability to import LNG is a significant component within the UK's long term energy strategy and we are delighted to be a part of that long term plan.
Dragon LNG's import, storage and regasification terminal is situated on the shores of the Milford Haven Waterway in Pembrokeshire, South West Wales, alongside the only Coastal National Park in the UK. The 'Haven' waterway is one of the deepest natural harbours in the world, with over 22 miles of navigable waterway attracting both commercial and leisure vessels.
As a key energy provider for the UK, Dragon LNG is proud to be part of Pembrokeshire; a Welsh County with a vibrant history and promising future.
*While Dragon LNG is on a site adjacent to SemLogistics, it is a completely separate entity
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