Shell posts $21.6Bln loss with write-downs as LNG sales drop and negative outlook is issued for 2021

Thursday, 04 February 2021

Royal Dutch Shell earnings were sunk by impairment charges as it posted a $21.68 billion annual lost compared with a profit of $15.84Bln in 2019, while LNG sales dropped 16 percent in the quarter and cash flow from LNG and gas sales plunged by 44 percent.

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