Royal Dutch Shell Plc, the world leading multinational oil and gas company, has announced the annual report of 2012. The company’s equity LNG sales in the calendar year amounted to 20.2 million tonnes with an increase of 1.37 million tonnes. Strong production growth at QatarGas 4 LNG projects and productions start as Pluto LNG project in Australia account for the sales increases.
Meanwhile, Shell acquired interests in East and West Browse assets of Australian Browse LNG Project from Chevron in Q4 and additionally 2% interests in Crux Gas condensate field from Nexus Energy Ltd, making its share hold ratio in Crux field to 82%. Shell also has in charge of engineering design work in Indonesia for the development of the Abadi LNG project with 30% interest.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63033&division=A9
