Raises Production Outlook
Shell now expects Integrated Gas production of 610,000 to 650,000 barrels of oil equivalent per day, up from its previous guidance of 580,000 to 640,000 boe/d.
The company also said Trading and Optimization performance in the Integrated Gas segment is expected to be significantly higher than in the first quarter.
In addition, Shell raised its LNG liquefaction outlook to 7.4 million to 7.8 million metric tons, compared with prior guidance of 6.8 million to 7.4 million metric tons.
The company also increased its Upstream production forecast to 1.75 million to 1.85 million boe/d from its earlier range of 1.62 million to 1.82 million boe/d.
