By James Herron
Published October 18, 2011| Dow Jones Newswires
PARIS -(Dow Jones)- Royal Dutch Shell PLC’s (RDSA, RDSB, RDSA.LN, RDSB.LN) new technology to produce liquefied natural gas aboard floating vessels will prove to be a game changer for the offshore gas industry, said the company’s Chairman, Jorma Ollila Tuesday.
“This game-changing technology will substantially reduce the cost and environmental footprint of developing offshore gas fields,” Ollila said at the International Energy Agency’s Ministerial Meeting in Paris.