Energy giant Shell expects boost in gas production

The London-listed firm said liquid gas production would also be higher in the first quarter of this year.

General view of a Shell petrol station in Southwark, south London (Yui Mok/PA) (PA Wire)

Energy giant Shell has said it expects to have produced more gas in the opening three months of this year than it did during the close of last year even as prices drop from recent extremes.

The oil and gas major said developments in Australia would also help it supply more liquid gas – the type transported by ship – to countries around the world.

The company’s shares rose by 1.8% after the news, while rival BP also saw a 0.6% boost.