BPT beach energy limited

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  1. 259 Posts.
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    Seawitch,

    So Shell in Australia currently has interests in:

    Prelude under construction.
    Gorgon under construction.
    Wheatstone under construction.
    Browse in pre FEED or FEED.
    CSG LNG in pre FEED or FEED.

    Then across the border in Indonesia they have Abadi in pre FEED or FEED. And, of course, various NW Shelf bits n pieces and a decent indirect exposure to Pluto through Woodside shareholding.

    A pretty full book. Can see why Shell might want to put QLD CSG LNG on the back burner for a bit. Especially as the market gives no value to these projects, even in the case of ORG which is the best project due to its superior reserves position.

 
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