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Friday, 23 March 2018

Shell eyes organic cash flow growth for transforming downstream business

Shell eyes organic cash flow growth for transforming downstream business

23 March 2018, News – The Hague-based LNG giant, Shell, is expecting a $6-7 billion annual organic cash flow for its downstream business by 2020 and $9-$12 billion by 2025. The company’s CEO Ben van Beurden said the Downstream business is “fundamental to delivering a world-class investment case.” Shell’s downstream director, John Abbott, said the business will help …

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