May 7 (Reuters) - Shell PLC SHEL.L:

• SHELL CEO SAYS PRICE LAG EFFECT WILL PLAY INTO Q2 FOR INTEGRATED GAS RESULT

• SHELL CFO SAYS EXTRA CASH IN BALANCE SHEET IS FOR ADDITIONAL BUYBACKS IN THE FUTURE

• SHELL CEO SAYS WE HAVE DUG OURSELVES A HOLE CLOSE TO A BILLION BBLS OF CRUDE SHORTAGE, HOLE DEEPENING EVERY DAY

• SHELL CEO SAYS WE ARE SEEING DEMAND CURTAILMENT OF ABOUT 5% IN AREAS LIKE JET, AIRLINE INDUSTRY

• SHELL CEO SAYS IT IS DIFFICULT TO CREATE VALUE IN REFINING GIVEN EXPENSIVE CRUDE

• SHELL CEO SAYS CHEMICALS BUSINESS EXCLUDING WORKING CAPITAL IS CASH FLOW POSITIVE

• SHELL CEO SAYS OUR PRIORITY FOR VENEZUELA IS TO SELL GAS THROUGH ATLANTIC LNG

• SHELL CFO SAYS SQUEEZED DOWNSTREAM MARGINS IN Q2 WILL BE BUFFERED BY GAINS ELSEWHERE IN BUSINESS

• SHELL CEO SAYS STILL AWAITING DETAILS ON AUSTRALIAN DOMESTIC GAS REQUIREMENTS, WE ARE ALREADY AT AROUND 15%

• SHELL CEO SAYS THERE IS AROUND 5% INCREASE IN PRICES ON SUPPLY CHAINS, ESPECIALLY FPSOS

• SHELL CEO SAYS OUR COST CUTS EAT A SIGNIFICANT PART OF THAT INFLATION

• SHELL CEO SAYS MANY US REFINERIES ARE PRODUCING MORE JET FUEL AND DIESEL TO MEET EUROPEAN DEMAND

• SHELL CEO SAYS DOES NOT EXPECT US GOVERNMENT TO IMPLEMENT EXPORT BANS

• SHELL CFO SAYS WE ARE CONSIDERING WHETHER WE NEED THE MIDSTREAM PART OF LNG CANADA

• SHELL CFO SAYS WE STILL WANT TO HAVE EXPOSURE TO FULL INTEGRATED VALUE CHAIN OF LNG CANADA

• SHELL CEO SAYS WE STILL HAVE A FEW VESSELS INSIDE STRAIT OF HORMUZ

Further company coverage: SHEL.L