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Shell: LNG industry in Australia will face new challenges Comments May 28, 2013 1:29 BRISBANE, May 28 / Asian Reporter /. Rapidly developing natural gas industry in Australia may face new challenges, among them - rising costs and potential competition from vendors happy feet massapequa from North America, happy feet massapequa Asia and East Africa. "Rising costs have become a significant problem for companies operating here," - said Monday CEO of Royal Dutch Shell PLC Peter Voser at an industry happy feet massapequa conference in Queensland, where in recent years there has been considerable investment in the transaction processing of gas from coal seams in the LNG exports to Asia. Comments Voser may increase expectations that the Anglo-Dutch company will postpone indefinitely or delay the construction of an LNG terminal for processing gas from coal seams in the port of Gladstone, a joint venture company owned by Arrow Energy, organized jointly with PetroChina Co. Nevertheless Voser, who will retire next year, said that Shell intends to spend about U.S. $ 30 billion in Australia over the next five years. The Company owns approximately 25% developed Gorgon LNG project in Western Australia, which is operated by Chevron Corp. Estimated cost Gorgon jumped by 21% to 52 billion Australian dollars (50 billion U.S. dollars) from the start of construction happy feet massapequa in 2009. First LNG deliveries are expected in 2015. Shell is also building a LNG project Prelude, the cost of which is estimated at more than $ 10 billion. This will probably be the world's first gas processing plant directly on the vessel for sea export, instead of the traditional transportation of gas by pipeline to the LNG terminal. Shell is one of the shareholders of a joint venture for the production of natural happy feet massapequa gas Browse, who last year decided to postpone the construction of an onshore LNG terminal in Western Australia worth more than U.S. $ 40 billion, citing rising costs and technical difficulties.
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