Lifted by soaring prices, Royal Dutch Shell plc’s liquefied natural gas (LNG) trading results for the final three months of 2021 are forecast to be “significantly higher” sequentially, the European major said Friday. 

The world’s largest LNG trader provided the outlook in an interim report ahead of quarterly and year-end results, which are set to be issued on Feb. 3. Global natural gas and LNG prices reached high all-time highs during the final period.

“Trading and optimization results in Integrated Gas are expected to be significantly higher compared to the third quarter 2021, overcoming ongoing supply issues and capturing unique optimization opportunities generated through the large scale and scope of our LNG trading portfolio in the prevailing high LNG spot price...