Royal Dutch Shell Plc: Strong Global Gas Demand Underpin Shell's Integrated Gas Strategy

 Royal Dutch Shell Plc: Strong Global Gas Demand Underpin Shell's Integrated
                                 Gas Strategy

PR Newswire

THE HAGUE, the Netherlands, November 14, 2012

THE HAGUE, the Netherlands, November 14, 2012 /PRNewswire/ --

Royal Dutch Shell plc ("Shell") (NYSE: RDS.A)(NYSE: RDS.B) hosted a management
day with investors today, focusing on global gas and Asia Pacific Upstream.

Outlining Shell's global gas strategy, CEO Peter Voser said: "Strong growth in
gas markets, especially Integrated Gas, is a major opportunity for Shell and
our shareholders. Our Integrated Gas earnings have more than trebled in the
last five years, reaching $9 billion over the last year, driven by liquefied
natural gas ("LNG") and gas-to-liquids ("GTL"), and we see growth
opportunities to invest over $20 billion here for 2012-15."

"We are aiming to develop profitable new gas supplies to meet the market's
growing demand for clean and affordable low carbon energy. This plays to
Shell's technology and financial strength."

Global primary energy demand could double to 400 million barrels of oil
equivalent per day ("Mboe/d") in the first half of the 21^st century, from
some 200 Mboe/d in 2000, and 270 Mboe/d in 2011, driven by the non-OECD
economies. Some two thirds of energy consumption in 2030 could be in the
non-OECD, compared to 56% today.

Meeting this growth in demand will require large scale and sustained
investment in all forms of energy, with an energy mix that is 80% hydrocarbons
today, and it will be dominated by hydrocarbons for some time to come.

Natural gas, which is the cleanest burning fossil fuel, has an important role
to play, with more than 250 years of global supply established, and emerging
exploration potential, especially in shale gas. Shell expects global natural
gas demand to increase by 60% from 2010 to 2030, reaching 25% of the global
primary energy mix and within that, strong growth in LNG.

LNG demand has doubled to 200 million tonnes per annum ("mtpa") in the first
decade of this century. Shell expects LNG demand to double again to 400 mtpa
by 2020, and potentially reach 500 mtpa by 2025. Meeting this demand growth
will require substantial industry investment - potentially more than $700
billion - and continued innovation and interdependency between supplier and
customer countries.

Shell is the industry leader in LNG and in gas-to-liquids, and is developing
innovative new integrated applications, such as gas-to-chemicals, converting
ethane into commercial petrochemicals, and LNG for transport, which offers a
lower emission and lower cost alternative to oil fuels.

Shell has 22 mtpa of LNG on stream today, and is building 7 mtpa of new LNG
capacity in Australia that will increase Shell production by 30%. In addition,
the company is maturing over 20 mtpa of further LNG options, in Australia,
Indonesia and North America, that should drive Shell's LNG leadership into the
next decade.

For the longer term, Shell has gas-focused exploration programmes in exciting
acreage positions such as China, South Africa and Ukraine, which have large
scale resources potential, and is assessing over 5 mtpa of LNG to transport
opportunities world-wide.

Voser concluded: "Technological innovation continues to differentiate Shell
from our competition and today Shell is the industry leader in LNG, FLNG and

"We are using Shell's scale and innovation to continue to drive gas growth
through integrated value chains. Our portfolio and opportunity set in global
gas is unrivalled in the industry today. There is more to come from Shell."

Definitions and cautionary statement

Resources: Our use of the term "resources" in this press release includes
quantities of oil and gas not yet classified as SEC proved oil and gas
reserves or SEC proven mining reserves. Resources are consistent with the
Society of Petroleum Engineers 2P and 2C definitions.

The companies in which Royal Dutch Shell plc directly and indirectly owns
investments are separate entities. In this press release "Shell", "Shell
group" and "Royal Dutch Shell" are sometimes used for convenience where
references are made to Royal Dutch Shell plc and its subsidiaries in general.
Likewise, the words "we", "us" and "our" are also used to refer to
subsidiaries in general or to those who work for them. These expressions are
also used where no useful purpose is served by identifying the particular
company or companies. '‘Subsidiaries'’, "Shell subsidiaries" and "Shell
companies" as used in this press release refer to companies in which Royal
Dutch Shell either directly or indirectly has control, by having either a
majority of the voting rights or the right to exercise a controlling
influence. The companies in which Shell has significant influence but not
control are referred to as "associated companies" or "associates" and
companies in which Shell has joint control are referred to as "jointly
controlled entities". In this press release, associates and jointly controlled
entities are also referred to as "equity-accounted investments". The term
"Shell interest" is used for convenience to indicate the direct and/or
indirect (for example, through our 23% shareholding in Woodside Petroleum
Ltd.) ownership interest held by Shell in a venture, partnership or company,
after exclusion of all third-party interest.

This press release contains forward-looking statements concerning the
financial condition, results of operations and businesses of Royal Dutch
Shell. All statements other than statements of historical fact are, or may be
deemed to be, forward-looking statements. Forward-looking statements are
statements of future expectations that are based on management's current
expectations and assumptions and involve known and unknown risks and
uncertainties that could cause actual results, performance or events to differ
materially from those expressed or implied in these statements.
Forward-looking statements include, among other things, statements concerning
the potential exposure of Royal Dutch Shell to market risks and statements
expressing management's expectations, beliefs, estimates, forecasts,
projections and assumptions. These forward-looking statements are identified
by their use of terms and phrases such as "anticipate", "believe", "could",
"estimate", "expect", "intend", "may", "plan", "objectives", "outlook",
"probably", "project", "will", "seek", "target", "risks", "goals", "should"
and similar terms and phrases. There are a number of factors that could affect
the future operations of Royal Dutch Shell and could cause those results to
differ materially from those expressed in the forward-looking statements
included in this press release, including (without limitation): (a) price
fluctuations in crude oil and natural gas; (b) changes in demand for Shell's
products; (c) currency fluctuations; (d) drilling and production results; (e)
reserves estimates; (f) loss of market share and industry competition; (g)
environmental and physical risks; (h) risks associated with the identification
of suitable potential acquisition properties and targets, and successful
negotiation and completion of such transactions; (i) the risk of doing
business in developing countries and countries subject to international
sanctions; (j) legislative, fiscal and regulatory developments including
potential litigation and regulatory measures as a result of climate changes;
(k) economic and financial market conditions in various countries and regions;
(l) political risks, including the risks of expropriation and renegotiation of
the terms of contracts with governmental entities, delays or advancements in
the approval of projects and delays in the reimbursement for shared costs; and
(m) changes in trading conditions. All forward-looking statements contained in
this press release are expressly qualified in their entirety by the cautionary
statements contained or referred to in this section. Readers should not place
undue reliance on forward-looking statements. Additional factors that may
affect future results are contained in Royal Dutch Shell's 20-F for the year
ended 31 December, 2011 (available at and ). These factors also should be considered by the reader.
Each forward-looking statement speaks only as of the date of this press
release, 14 November 2012. Neither Royal Dutch Shell nor any of its
subsidiaries undertake any obligation to publicly update or revise any
forward-looking statement as a result of new information, future events or
other information. In light of these risks, results could differ materially
from those stated, implied or inferred from the forward-looking statements
contained in this press release. There can be no assurance that dividend
payments will match or exceed those set out in this press release in the
future, or that they will be made at all.

We use certain terms in this press release, such as resources, that the United
States Securities and Exchange Commission (SEC) guidelines strictly prohibit
us from including in filings with the SEC. U.S. Investors are urged to
consider closely the disclosure in our Form 20-F, File No 1-32575, available
on the SEC website You can also obtain these forms from
the SEC by calling 1-800-SEC-0330

Shell Media Relations
International, UK, European Press: +44(0)207-934-5550

Shell Investor Relations
Europe: +31-70-377-3996
United States: +1-713-241-2069

SOURCE Royal Dutch Shell plc
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