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Shell Cuts LNG Production Guidance for Q1

  • Shell has lowered its outlook for liquefied natural gas production in the first quarter of 2025, expecting production between 6.4 million and 6.8 million metric tonnes, down from 6.6 million to 7.2 million tonnes.
  • The decrease in production is attributed to cyclones and unplanned maintenance in Australia, according to Shell.
  • Shell aims to increase LNG sales by 4% to 5% annually until 2030 as part of its strategy to enhance shareholder returns.
  • Shell anticipates higher refining margins in the first quarter compared to the previous quarter.
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The Hamilton Spectator broke the news in Hamilton, Canada on Monday, April 7, 2025.
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