摘要
壳牌公司天然气业务在其发展战略中经历了从未来机会到增长优先级,再到现金引擎的调整过程。壳牌的天然气业务发展具有突出的特点:天然气产业链布局全球化;天然气一体化优势明显;天然气业务收入逐年增长;LNG资产优化力度加大;庞大的LNG船队提供运输支撑;合同期长短结合,采取差异互补策略。壳牌收购BG后,储量资产、天然气产量、LNG液化能力、贸易交付能力都得到较大增长,产业链更加完整,全球布局更完善。壳牌公司战略眼光长远,充分利用资本市场优化配置资源、重视一体化经营的做法值得业界借鉴。
Shell＇s natural gas business has gone through its development strategy from a future opportunity to a growth priority, then to a cash engine. The adjustment process has several outstanding features including globalization of natural gas industry chain layout; the obvious advantages of gas integration; the year-on-year revenue＇s growth of natural gas business; increasing strength of optimization for LNG assets; the large LNG fleet providing transportation support; and the combination of contracts with early-and late-duration for adopting differential complementary strategies. After the BG acquisition, the reserve assets, natural gas production, LNG liquefaction capacity and trade delivery capacity of Shell have all been greatly increased, and its industrial chain is more complete, and the global layout is much better. Shell＇s long-term strategic vision, and the practice of optimizing asset portfolio by making full use of capital market and highly valuing integrated management are worth learning.
作者
许萍
XU Ping(SINOPEC Economics ＆ Development Research Institut)
出处
《国际石油经济》
2018年第5期73-78,共6页
International Petroleum Economics
关键词
壳牌
天然气发展战略
液化天然气
一体化
液化能力
贸易交付
资产优化
Shell
natural gas development strategy
liquefied natural gas
integration
liquefying power
trade delivery
asset optimization
