Shell expects liquidity boost

Prior to presenting its quarterly financials, Shell gives an update on Thursday that the company expects a significant increase in cash flow for Q3.

Photo: Toby Melville/Reuters/Ritzau Scanpix

As a consequence of rising natural gas and power prices, oil and gas supermajor Royal Dutch Shell expects to book markedly higher liquidity in its third-quarter financial report, according to Reuters.

The company is the leading seller of liquefied natural gas (LNG) on the global market, with a market share of 20 percent. However, sales have declined in recent months due to problems with production.

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