Exec: Shell is in Australian LNG development talks with competitors

05/2/2013 | Bloomberg

Royal Dutch Shell is in discussions with other energy firms about working together in the construction of liquefied natural gas projects in Queensland, Australia, a company executive said. Cost inflation in Australia prompted Shell to purposely delay a decision on a LNG project in the country. "Australian cost inflation is a significant challenge, not only on current projects, but future potential projects," said Simon Henry, Shell's chief financial officer.

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