LONDON, Dec 22 (Reuters) - Royal Dutch Shell saidon Tuesday it planned to cut the 2016 capital spending followingits proposed takeover of BG Group by $2 billion to $33billion.
The Anglo-Dutch company expected the $53 billion BGacquisition to be completed by Feb. 15 pending both companies'shareholder approvals in late January.
Shell said the deal would enhance its cash flow and itsability to maintain dividends even as oil prices are expected tostage a slow recovery from 11-year lows.
(Reporting by Ron Bousso and Karolin Schaps, editing by DavidEvans)