LNG
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0.00% 4.3¢ liquefied natural gas limited

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  1. crarg
    4,379 Posts.
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    25/11/08
    12:55
    Post #: 4536491
    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ajZ7jVm544cQ

    I posted this on AOE forum but relevant to LNG as well


    Shell, PetroChina Sign 20-Year LNG Supply Deal, Xinhua Reports

    By Neil Denslow

    Nov. 24 (Bloomberg) -- Royal Dutch Shell Plc will supply 2 million tons of liquefied natural gas annually to PetroChina Co. under a 20-year contract, Xinhua said, citing Shell's Chinese unit.

    Some of the gas will be supplied from the Gorgon project in Australia, the report said, citing Shell. The company has a 25 percent stake in the development, Xinhua added.

    To contact the reporter on this story: Neil Denslow in Hong Kong at [email protected]

    Last Updated: November 24, 2008 10:00 EST
    LNG Price at posting: 49.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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