Royal Dutch Shell Plc  .com Rotating Header Image

Shell Gas Project in Indonesia Risks Running Out of Steam

Screen Shot 2016-03-23 at 10.50.37

President Joko Widodo’s decision for an onshore scheme is estimated to add more than $5 billion to the project’s cost

By BEN OTTO: March 23, 2016 

JAKARTA, Indonesia—Inpex Corp. and Royal Dutch Shell PLC. suffered a blow Wednesday in their $14 billion bid to exploit a deep-water gas field in Indonesia, after President Joko Widodo declared the scheme must make use of an onshore refinery rather than a proposed floating facility.

Inpex, the project’s planned operator, and partner Shell proposed six months ago to build a massive floating facility to exploit a major gas field in the country’s remote east known as Masela.

FULL ARTICLE

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “Shell Gas Project in Indonesia Risks Running Out of Steam”

Leave a Comment

%d bloggers like this: