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Global energy giant Shell has announced it is slashing between 7000 and 9000 jobs worldwide, including a number of its about 1200-strong Queensland workforce.
Speculation 181 jobs will be cut from Shell QGC operations at Gladstone and around the state are inaccurate, according to a Shell spokeswoman.
The news comes as worldwide demand for LNG throughout remains solid, increasing from 358 million tonnes in 2019, to 360 million tonnes in 2020, according to Shell’s annual LNG outlook.
Prices of LNG globally hit a record low early in the year but ended the 12-month period at a six-year high as demand in parts of Asia recovered and winter buying increased against tightened supply.
How many Shell jobs will be lost in restructure
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How many Shell jobs will be lost in restructure
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