Shell Earned $2.4 Billion From LNG Trading in Q4 ...Middle East

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Shell Earned $2.4 Billion From LNG Trading in Q4
source : OILPRICE ( Middle East ) () 50
Shell earned $2.4 billion from LNG trading in the fourth quarter amid strong demand for the fuel ahead of the winter, with LNG trades contributing to almost a third of its Q4 adjusted earnings, Reuters reported on Friday, quoting sources close to the UK-based supermajor. The LNG trading profit for the final quarter of 2023 was among the highest quarterly earnings from LNG in company history, two of Reuters’ sources said.   Early this month, Shell reported consensus-beating adjusted earnings of $7.3 billion for the…

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