Trading and optimization at Shell’s integrated gas and LNG division is expected to have been significantly higher in the fourth quarter of 2022 compared to the third quarter, despite a decline in production volumes, the UK-based supermajor said on Friday. Shell, scheduled to report Q4 and full-year 2022 earnings on February 2, expects LNG liquefaction volumes to be lower than in Q3, due to a longer-than-expected outage at the Prelude LNG platform offshore Australia, the company said in an update note ahead of the release of the…
