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The lower price of oil, and coronacisis to force the Shell to substantial write-downs

the Shell, due to falling demand as a result of the coronacrisis, and for the low price of oil is at least 15 billion u.s. dollars, compared with 13.3 billion e

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The lower price of oil, and coronacisis to force the Shell to substantial write-downs

the Shell, due to falling demand as a result of the coronacrisis, and for the low price of oil is at least 15 billion u.s. dollars, compared with 13.3 billion euros, charged to his estate. Possible to walk to the miljardenafschrijvingen for as much as 22 billion u.s. dollars, as the company on Tuesday to weigh.

in Particular, the gas projects and investments in Australia that are worth less and less now. In addition, it should be a Shell of billions of write-off in the production of oil in the sea off the coast of Brazil, and the schalievelden in North America. The company will keep in mind that the prices of oil and gas in the short term, it will recover.

in Addition to the low prices of oil and gas, Shell is also suffering from falling demand as a result of the coronacrisis. As a result, the sales of oil products in the second quarter, according to preliminary figures from the 3.5-and 4.5 million barrels. By way of comparison, in the same period of the previous year, it was that a volume of 6.6 million barrels.

The volume of production of oil and natural gas in the second quarter from a 2.3 or 2.4 million barrels, compared to 3,58 million barrels in the previous year. The final quarter figures will create a Shell on the 30th of July, also known.

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