Anyone wanting to perfect the basic fundamentals of trading and optimizing LNG sales on the global market probably need look no further than to Shell plc.

The No. 1 global liquefied natural gas trader, and Europe’s leading oil and gas producer, overcame slumping commodity prices during the first quarter to deliver increased production and higher LNG volumes.

European gas prices slipped between January and March from a year ago. The decline was expected to ding the Integrated Gas segment profits. The segment includes LNG and the gas-to-liquids (GTL) business. That, however, was far from the case.

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