Investors Are Unsure About Shell’s Strategy to Expand Its LNG Business
12/08/2015
SUGAR LAND, TX–(Marketwired – Dec 8, 2015) – Investors don’t seem to think much of Royal Dutch Shell’s (NYSE:RDS.A) (The Hague, Netherlands) expanded commitment to liquefied natural gas (LNG), signaled in part by its $70 billion acquisition of BG Group Plc (London: BG) (Reading, England) earlier this year. But the company insists it sees a lot of long-term value in the global LNG trade, and that the BG deal will drive changes that will position it favorably for years to come.
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