Shell to curb new LNG investments as BG takeover saves more costs than expected

Tuesday, 14 June 2016

Our Europe editor

Royal Dutch Shell, the biggest global liquefied natural gas market player, said the takeover of LNG portfolio company BG Group is re-shaping the Anglo-Dutch oil and gas major and providing $1 billion in additional savings, while the company’s investments in new liquefaction projects would be slowing down.

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