GRAPHIC-爆撃する's oil and gas reserve life 減少（する）s for sixth year in a 列／漕ぐ／騒動
By Ron Bousso
LONDON, Jan 30 (Reuters) - The number of years of 生産／産物 left in 王室の Dutch 爆撃する's oil and gas reserves fell for the sixth year in a 列／漕ぐ／騒動 in 2019 to below eight.
But there was little reaction from 投資家s to the 安定した 拒絶する／低下する in what was once considered a 重要な metric for 計器ing the strength of the world's major oil and gas companies.
There is a growing perception the world 持つ／拘留するs enough oil and gas to 会合，会う 需要・要求する many times over, 特に against the 背景 of a 漸進的な 転換 away from 化石 燃料s because of 関心s about 気候 change. https://reut.rs/2GBtBvC
"The days of companies having 15 years of reserves have 大部分は gone," said Redburn 分析家 Stuart Joyner. "With the energy 移行 you would 推定する／予想する reserve life to come 負かす／撃墜する."
爆撃する was 激しく揺するd in 2003 when it 明らかにする／漏らすd it had inflated its oil and gas reserves for years, 主要な to the 解雇（する）ing of its chairman and 長，指導者 財政上の officer.
The company's いわゆる reserve life last 増加するd in 2013 to just below 12 years but it has been on a downward 傾向 ever since and 攻撃する，衝突する 7.9 years in 2019.
The reserve life of several of the world's biggest oil and gas companies, 含むing BP and Total, has dropped in 最近の years but 爆撃する's is now 意味ありげに below the 産業 普通の／平均（する） in 2018 of about 11 years.
投資家s closely 監視するd oil and gas companies' reserves for １０年間s, 特に during the 早い growth in Chinese 需要・要求する from the turn of the century.
But after the 2014 oil price 衝突，墜落, the 焦点（を合わせる） 転換d to companies' profitability, 主要な many to sell 資産s to raise 資本／首都, which in turn led to a 拒絶する／低下する in reserves.
爆撃する 大統領 Officer Ben 先頭 Beurden told 分析家s on Thursday that the 拒絶する／低下する in reserve life, "doesn't 代表する the truly 統合するd and diverse 大臣の地位 we have or our 焦点（を合わせる） of value over 容積／容量".
The low reserve 割合 could にもかかわらず 証明する to be a problem for S hell as it is 捜し出すing to sell more oil and gas 資産s to lower its 負債 重荷（を負わせる） and 支払う／賃金 for a $25 billion 株 buyback programme, Joyner said.
To partly 相殺する any 関心s over the 拒絶する／低下する, 爆撃する 計画（する）s to tap third-party reserves from 開発s such as Canada's 巨大（な） 液化するd natural gas (LNG) 事業／計画（する）, he said.
(報告（する）／憶測ing by Ron Bousso; Editing by David Clarke)
