Seeking Alpha


Send Message
View as an RSS Feed
Latest  |  Highest rated
  • Shell (RDS.A) may have taken the lead - at least in the rumor mill - as the bidder most likely to succeed in winning a share of InterOil’s (IOC) LNG project in Papua New Guinea, Platts reports. Shell’s perceived advantage over Exxon (XOM) and Total (TOT) centers on its existing relationship with the PNG government, strengthened by its ownership of emerging floating LNG technology. [View news story]
    I thought that XOM and a partner are getting approval for a floating LNG platform just North of Australia. Maybe XOM think that is a better project [stable govt and less political risk] and a more reliable partner than this one.
    May 2, 2013. 10:32 PM | 1 Like Like |Link to Comment
1 Comment
1 Like