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Shell Expects to Invest More Than $20 Billion in Gas by 2015

Royal Dutch Shell Plc, Europe’s largest oil company, has earmarked more than $20 billion to spend on natural-gas projects through 2015 as profit from extracting, processing and selling the fuel soars.

“Our integrated-gas earnings have more than trebled in the last five years, reaching $9 billion over the last year,” Chief Executive Officer Peter Voser said today. “We see growth opportunities to invest over $20 billion here for 2012-15.”