Shell backs LNG

SHELL sees underlying strength in the LNG story on which the supermajor based its BG Group acquisition, but has warned that gas growth projects would need to be cost competitive, signalling partner Woodside Petroleum’s challenge for Browse.

Shell backs LNG Shell backs LNG Shell backs LNG Shell backs LNG Shell backs LNG

Ben van Beurden.

The Anglo-Dutch oiler announced earlier this month that it would exit its shareholding in Woodside, though the Perth company's CEO Peter Coleman moved immediately to assure the market that Shell
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