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Greater Sunrise Gas Field

East Timor Wants Shell Excluded From Sunrise Development Talks

JUNE 22, 2011

SYDNEY (Dow Jones)–East Timor is calling for Royal Dutch Shell PLC. (RDSB.LN) to be excluded from discussions about the development of the Greater Sunrise gas field, claiming its promotion of floating liquefied natural gas technology represents a conflict of interest.

East Timor has consistently opposed the use of a floating LNG vessel to develop the resource, which straddles its maritime border with Australia, preferring to have the gas piped to an LNG plant built on its coastline. Floating LNG is an untried technology that converts natural gas to a liquid on a vessel permanently moored at sea. read more

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