Shell's (RDS.A, RDS.B) Peter Voser tells CNBC he doesn't expect a major recovery in U.S. ...

|By:, SA News Editor

Shell's (RDS.A, RDS.B) Peter Voser tells CNBC he doesn't expect a major recovery in U.S.  natural gas prices, as prices rebound 24% Y/Y to $3.23/Mbtu: "It'll take a little bit longer until it comes back to a range that we think should be around $3-$5 or $4-$6, where most projects would make sense." Voser says Shell is on track in its four-year journey to deliver 30%-50% cash flow growth (Q4).