Shell (SHEL) lowered its integrated gas production estimate for the first quarter as volumes were hit by unplanned maintenance. The company said that maintenance in Australia, among other regions, means that gas production in the quarter should be between 910,000-950,000 barrels of oil equivalent a day, from a previous estimate of 930,000-990,000 barrels. Shell also trimmed its expectations for first-quarter liquefied natural gas liquefaction volumes to between 6.4M-6.8M, reflecting weather impact and unplanned maintenance in Australia.
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