Loading...
Loading...
shell-pulls-out-of-lake-charles-lng-project
shell-pulls-out-of-lake-charles-lng-project

Shell pulls out of Lake Charles LNG project

0

Shell has pulled out of a major US LNG project to convert an existing import terminal in Lake Charles, Louisiana to an export facility, citing “current market conditions”.

Lake Charles LNG is a 50-50 venture with Energy Transfer, who will now take over as the project developer, Shell said in a statement.

Shell said it will continue to support Energy Transfer with the ongoing bidding process for the engineering, procurement, and construction contract and then plan a phased handover of the project’s remaining activities.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...