SHELL INSATIABLE GREED
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Shell producing Irish natural gas after decade of project delays
December 30, 2015 | By Collin Eaton
HOUSTON — Royal Dutch Shell has started extracting natural gas off the coast of Ireland after more than a decade of project delays and an estimated $3.1 billion in unexpected cost overruns.
The Anglo-Dutch oil major on Wednesday said it aims to pump enough gas from the Corrib gas field to quench as much as 60 percent of Ireland’s demand for gas. It’s the latest move by Shell to cement its place among the world’s biggest gas suppliers, coming eight months after the company agreed to a $53 billion deal to buy British liquefied natural gas firm BG Group.
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