AU8 1.67% 6.1¢ aumake international limited

Shell has canned the astronomical and never will be profitable...

  1. DSD
    15,757 Posts.
    Shell has canned the astronomical and never will be profitable LNG plant in Gladstone. But it appears they will still produce CSG and on-sell to other trains in the port. This cancellation has lifted cost pressures on the remaining LNG plants but will they ever re-pay their huge capital cost? Slim chance imo.
 
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