Monday 2 February 2015

Australia: Shell shelves plans for Arrow LNG project in Queensland

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Royal Dutch Shell has officially ditched plans for a new $US20 billion-plus ($25.5 billion) liquefied natural gas project in Queensland in a step-up of spending cuts by global majors buckling down for a prolonged downturn in oil prices.

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