AFR online reporting: "Escalating costs have forced Royal Dutch Shell, one of the world's biggest oil companies, into "go-slow" mode on new projects in Australia, casting doubt on the timing of some $70billion-plus worth of liquified natural gas ventures".
My observations are: Problem is, a go-slow may then come up against the pending export of cheap US gas from the US's massive game changing shale boom.
MEO's Tassie Shoal Project is a very cost effective option ready to roll for WPL's Sunrise and the Various Timor Sea ventures (including ENI's). Come On MEO, let's finally get this party started!!
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