He boasted that the project showed ‘there’s no better place in the world for major business investment’. But, without warning, last night it pulled the project.
By Peter Campbell: PUBLISHED: 6 December 2013
Shell last night pulled the plug on a £12billion scheme to turn gas into jet fuel – and ruled out doing any work in the area in the whole of the US.
The oil supermajor had previously trumpeted a new facility in Louisiana that it said would create almost 5,000 permanent jobs in the area.
The State’s Governor Bobby Jindal had even promised tax incentives of £70million to help the company make the project work.
He boasted that the project showed ‘there’s no better place in the world for major business investment’.