Shell aims to increase its LNG production by 4-5% annually through 2030, strengthening its position in the market while focusing on energy transition.
The company also plans a 1% annual increase in its Upstream and Integrated Gas production, and a $5-7 billion cost reduction by 2028.
Shell’s disciplined approach to capital expenditure, projected at $20-22 billion annually from 2025 to 2028, aims to boost free cash flow by over 10% per share by 2030.
This strategy positions Shell to remain a leader in both LNG and traditional hydrocarbons while supporting global decarbonization efforts.
