BAKU, Azerbaijan, July 29. Cash capital expenditure of Roya Dutch Shell is expected to be in line with the $23 - $27 billion range for the full year, Trend reports with reference to the company.
Integrated Gas production is expected to be approximately 890 - 940 thousand boe/d. LNG liquefaction volumes are expected to be approximately 6.9 - 7.5 million tonnes.
Third quarter 2022 outlook includes substantially more planned maintenance compared with second quarter 2022 and uncertainty around the impact of “Permitted Industrial Actions” at Prelude.
Upstream production is expected to be approximately 1,750 - 1,950 thousand boe/d in the third quarter 2022. The third quarter production outlook reflects that Salym-related volumes in Russia are no longer recognized. Marketing sales volumes are expected to be approximately 2,350 - 2,850 thousand b/d. Refinery utilization is expected to be approximately 90 percent – 98 percent. Chemicals manufacturing plant utilization is expected to be approximately 82 percent - 90 percent.
Chemicals sales volumes are expected to be approximately 3,100 - 3,600 thousand tonnes. Corporate Adjusted Earnings are expected to be a net expense of approximately $450 - $650 million in the third quarter 2022 and a net expense of approximately $2,000 - $2,400 million for the full year 2022. This excludes the impact of currency exchange rate effects.
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