Why did Shell shelve the Aphrodite offshore gas project in Trinidad and Tobago?

Shell shelved the Aphrodite offshore gas project after disagreements over commercial terms with Trinidad's National Gas Company (NGC), specifically failing to reach agreement on the sale of the project’s expected output of around 100 million cubic feet per day of natural gas; NGC acts as the country’s gas aggregator, purchasing from producers and supplying downstream users including Atlantic LNG, where Shell holds a 45% stake.

What immediate operational step did Shell take following its decision to shelve the Aphrodite project?

Shell released a contracted jack-up rig intended to drill production wells for the Aphrodite project, confirming to Reuters that 'the initial rig slot for Aphrodite has been released' while stating it will continue evaluating the overall integrated project schedule.

Shell Shelves Aphrodite Offshore Gas Project in Trinidad for Now

Aug 24, 2026

Shell has paused its Aphrodite offshore gas project in Trinidad after failing to agree on commercial terms with the National Gas Company. The decision impacts local gas supplies and downstream petrochemical production.

reuters

2026-08-24

Shell Shelves Aphrodite Offshore Gas Project in Trinidad for Now

Shell Shelves Aphrodite Offshore Gas Project in Trinidad for Now

FAQ