LNG

Royal Dutch Shell posted a 17 percent increase in first-quarter sales volumes of liquefied natural gas from its global production assets located in countries such as Australia, Qatar, Nigeria and Peru as higher prices offset a rise in operating costs.

OMV Gas Marketing of Austria has signed an LNG supply agreement with Qatargas, the world’s largest production company, with shipments to be delivered over a period of five years to the Dutch import terminal at the Port of Rotterdam.