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Shell (RDS.A) will forge the hull of a floating liquefied natural gas plant in South Korea by...

Shell (RDS.A) will forge the hull of a floating liquefied natural gas plant in South Korea by year's end that will be the world’s largest vessel, weighing six times the biggest aircraft carrier. ~5K workers will build the factory to produce LNG off Australia's northwest coast in a $13B project that also will shield Shell from rising costs it would have to pay at the country’s onshore plants.
Comments (2)
  • cfg3450
    , contributor
    Comments (85) | Send Message
     
    Long term planning makes RDS a great company.
    The 4.74% yield is good too.
    20 Sep 2012, 06:31 PM Reply Like
  • lostalloncoal
    , contributor
    Comments (373) | Send Message
     
    Obama passed executive order to block export of NG. Well, he is a fan of bankruptcies. We will soon see bunch of bankruptcies in NG sector if price does not recover.
    20 Sep 2012, 06:48 PM Reply Like
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