Shell Cuts Gas Output Guidance on Unplanned Maintenance
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Shell Plc sees lower natural gas production and LNG volumes in the first quarter of 2025 than previously expected, citing unplanned maintenance in Australia and adverse weather.
In a trading update published on Monday, London-based Shell said it expects integrated gas production of 910,000 to 950,000 barrels of oil equivalent. Though that was an improvement on the fourth quarter of last year, it was lower than the range flagged in the last quarterly report.