- Aug 17, 2014
Did you all ever see this (related)? Searched and didn't find it. Shell abandons plans for $20B Gulf Coast plant http://fuelfix.com/blog/2013/12/05/shell-abandons-plans-for-20b-plant-in-louisiana/ A major difference between the projects was that Shell produces and owns all of the natural gas it uses at the Pearl facility, but would have had to buy natural gas from the U.S. grid in order to supply the Gulf Coast project. “Despite the ample supplies of natural gas in the area, the company has taken the decision that GTL is not a viable option for Shell in North America, at this time, due to the likely development cost of such a project, uncertainties on long-term oil and gas prices and differentials, and Shell’s strict capital discipline,” the company said in a statement.
Originally Posted By: OVERKILL
It WAS intended to be their precursor to GTL until their GTL plant budget went offside and they abandoned it.