Shell Issues Qatar Update

(RTTNews) - Shell plc (SHEL, SHELL.AS, R6C0.DE, SHEL.L) stated that the LNG production in Qatar has been shut down since early March. On 18th March, an attack on Ras Laffan Industrial City took place. The Group said situation is under control and Pearl GTL is in a safe state.

Shell plc said it is currently assessing any potential damage to Pearl GTL and working with Qatar Energy and the relevant authorities to understand the damage to the wider Ras Laffan Industrial City facilities.

Shell shares are currently trading at 3,429.04 pence, down 0.94%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.