Shell boss Ben van Beurden is optimistic that shareholders will overwhelmingly back its mega-merger with rival BG Group as investors mull the final case put out by both oil giants later this week.
The deal, worth £34 billion, is set to create the western world’s largest oil and gas company.
He said: “This deal makes sense if over the next 20-30 years the oil price is above the low $60s. At that level it is value accretive. I think that’s an entirely reasonable, sensible risk to take.”
Both Shell and BG Group will publish full year trading updates on Wednesday ahead of final shareholder votes which are due on 26 January.
