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Shell says all major projects on track

Reuters UK

Thu Jan 29, 2009 12:42pm GM

(Reuters) – Oil major Royal Dutch Shell Plc said all its major projects currently under construction were on track, despite concerns its U.S. refinery expansion programme was losing steam.

“All post-FID (Final Investment Decision) projects are on track for planned start up,” spokesman Adam Newton said when asked about a report that work on the Port Arthur refinery, which Shell co-owns with Saudi Aramco, had slowed.

The expansion is scheduled to be completed in 2010.

(Reporting by Tom Bergin)

 

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