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Ben van Beurden: Proposed Arrow LNG Project with PetroChina cancelled

Screen Shot 2015-01-29 at 10.59.50From an article by The Australian Pipeliner published 3 Feb 2015 under the headline:

VIDEO: Arrow LNG Project “off the table”

Royal Dutch Shell CEO Ben van Beurden has confirmed the company’s proposed Arrow LNG Project with PetroChina has been cancelled, but the Arrow Bowen Pipeline will not be affected.

Arrow Energy, which is jointly owned by Shell and PetroChina, had initially planned to develop a CSG to LNG processing facility on Curtis Island, Queensland. “We have slowed down on new developments which, for example, means Arrow greenfield LNG is off the table,” Mr van Beurden said.

However, work is continuing on the development of the Arrow CSG reserves in Queensland, which are now likely to be commercialised through a separate LNG project, with front-end engineering design (FEED) work progressing on the Arrow Bowen Pipeline.

FULL ARTICLE

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