ROYAL DUTCH SHELL PLC: Shell's Integrated Gas Strategy

STRONG GLOBAL GAS DEMAND UNDERPIN SHELL'S INTEGRATED GAS STRATEGY 
The Hague, November 14, 2012 - Royal Dutch Shell plc ("Shell") 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 21st 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
GTL." 
"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". 
Ends 
Enquiries: 
Shell Media Relations
International, UK, European Press: +44 207 934 5550 
Shell Investor Relations
Europe: + 31 70 377 3996 
United States: +1 713 241 2069 
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 www.shell.com/investor and www.sec.gov ). 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 www.sec.gov. You can also obtain these forms from the SEC by calling
1-800-SEC-0330 
END 
-0- Nov/14/2012 12:36 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.