LSE:SHELOil and Gas
Shell Weighs Middle East LNG Damage Against Latin America Expansion And Value
Shell (LSE:SHEL) is facing significant operational setbacks in the Middle East, with major damage to the world’s largest LNG hub linked to the Iran conflict and related production declines.
The company has flagged a supply deficit from its LNG operations and is moving to diversify supply by expanding in Venezuela and Trinidad & Tobago.
International companies are returning to parts of Latin America after some U.S. sanctions were relaxed, and Shell is positioning itself within this...