Shell Expects Weaker Trading and Lower Natural Gas Output in Q2 ...Middle East

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Shell Expects Weaker Trading and Lower Natural Gas Output in Q2
source : OILPRICE ( Middle East ) () 14
Shell expects to have booked “significantly lower” trading and optimization results for the second quarter compared to the prior quarter, while it also slightly reduced the range of its natural gas and LNG production for the April-June period. Trading and optimization in the integrated gas division is expected to be significantly lower than in the first quarter, Shell said on Monday in an update note on the Q2 results. Marketing adjusted earnings are expected to be higher than in Q1, but trading and optimization in the chemicals and…

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