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shell-earnings-fall-on-lng-volumes-and-sales-drops
shell-earnings-fall-on-lng-volumes-and-sales-drops

Shell earnings fall on LNG volumes and sales drops

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Shell’s liquefaction and sales volumes fell to 7.1Mt and 15.5Mt respectively in the fourth quarter of 2024 as it posted overall earnings of $3.7bn – down from $6bn in the third quarter.

The latest LNG data compared with volumes and sales of 7.5Mt and 17Mt in the third quarter. The results come as little surprise as the drop in volumes was flagged in a market outlook three weeks ago.

Read more:  Shell warns of weaker LNG outlook

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