(Finance) – The oil company Shell expects higher liquefied natural gas (LNG) production in the first quarter following disruptions at its Australian plants last year. It can be read inupdate notes of the first quarter of 2023, which precedes the release of the complete results. Shell estimates first quarter LNG liquefaction volumes of between 7 and 7.4 million tonnes, compared to 6.8 million tonnes in the previous quarter.
In the’Upstreama production of 1,800-1,900 kboe/d (one thousand barrels of oil equivalent per day) is estimated, compared to 1,859 in the last quarter of 2022.
The results of the division Marketing are expected to be “above” Q4 2022.
His unit Renewables and Energy Solutions will contribute $100 million to $700 million in adjusted earnings, compared to $300 million in the fourth quarter of 2022.
At the level of Groupexpects to have paid between $2.6 and $3.4 billion taxes for the first quarter, down from $4.4 billion.
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