LNG (LIQUIFIED NATURAL GAS)

Prelude could cost Shell less

SHELL has called on contractors tendering for the Prelude liquefied natural gas floater to resubmit their offers, flagging its willingness to accept a later start to the project in return for lower costs.

Prelude could cost Shell less

Company executive director of gas and power Linda Cook said the global downturn had provided Shell with an opportunity to cut projected development costs of the field, though she did not specify the revised...

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