Shell Cuts LNG Production Guidance for Q1 ...Middle East

OILPRICE - Economy
Shell Cuts LNG Production Guidance for Q1
source : OILPRICE ( Middle East ) () 57
Shell expects its liquefied natural gas production in the first quarter to have dropped from Q4, due to cyclones and unplanned maintenance in Australia. Shell, the world’s top LNG trader, sees LNG liquefaction volumes at between 6.4 million metric tons and 6.8 million tons in the first quarter of 2025, down from a previous forecast of 6.6 million-7.2 million tons and from 7.1 million tons produced in the fourth quarter of 2024, the supermajor said in its first-quarter 2025 update note on Monday. In the Integrated Gas division, Shell sees…

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