Royal Dutch Shell signals Browse FLNG go-ahead far from certain for 2016
By Angela Macdonald-Smith: Jul 30 2015
Royal Dutch Shell has signalled that a final go-ahead next year for the Browse floating liquefied natural gas project in Western Australia is far from a certainty given the cost challenges of the venture in the depressed oil price environment.
Chief financial officer Simon Henry listed Browse among several large international projects that would be subject to “the dynamic nature of decision making as we take both the oil price environment but also the supply chain and the cost level into account.”
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