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Shell banks on refining margins to offset weaker LNG output

Energy giant says Australian cyclone disrupted production but expects stronger downstream trading

Rueben Hale
Shell banks on refining margins to offset weaker LNG output

Credits: Shutterstock/FotograFFF.

Shell is backing a 'less is more' strategy, tipping that slimmer LNG output will be outweighed by stronger refining margins in the first quarter, according to its latest trading update ahead of full-year...

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