Approved for issue by Shell International Trading and Shipping Company Limited. Shell International Trading and Shipping Company Limited (“Shell”) is authorised and regulated in the UK by the Financial Conduct Authority (“FCA”). All financial products and services referred to on this website are offered through Shell Energy Europe Limited and Shell Trading International Limited, acting through their agent, Shell International Trading and Shipping Company Limited. Shell International Trading and Shipping Company Limited is authorised and regulated in the UK by the Financial Conduct Authority (“FCA”).
 
The references to products and services in this communication relating to financially regulated derivatives and EUAs are directed exclusively at investment professionals as defined by the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005/1529. Persons who do not have professional experience in matters relating to investments in financially regulated derivatives and EUAs should not rely on this communication. Outside the UK, local regulations or restrictions may apply.
 
This information is thought to be reliable; however, Shell and its affiliates make no representation as to the accuracy or completeness of the information contained herein or otherwise provided and accept no responsibility or liability, in contract, in tort, in negligence, or otherwise, should the information be found to be inaccurate or incomplete in any respect. Shell and its affiliates are not acting as an advisor to the recipient of this information, and the ultimate decision to proceed with any transaction rests solely with the recipient of this information. Therefore, prior to entering into any proposed transaction, the recipient of this information should determine, without reliance upon Shell or its affiliates, the economic risks and merits, as well as the legal, tax, and accounting characterisations and consequences, of the transaction and that it is able to assume these risks. This information is neither an offer to sell nor the solicitation of an offer to enter into a transaction.

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