(Montel) Royal Dutch Shell’s LNG sales fell 13% year on year to 32.3m tonnes (43.9bcm) in the first half amid maintenance, the Anglo-Dutch company said in its first-half financial results.
“LNG liquefaction volumes decreased by 9% due to feedgas constraints and higher maintenance activities, partly offset by the restart of production at the Prelude floating LNG operations in Australia,” it said.
It added that third-quarter production and LNG liquefaction volumes would also be impacted by maintenance activities.
The company’s gas unit posted adjusted earnings of USD 3bn over the period, up 21% on the year.
The company’s total adjusted earnings were up 151% to USD 8.8bn.
“Higher realised prices [were] partly offset by lower trading and optimisation margins,” it said.