$100b LNG projects imperiled by African gas rush

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Read this article in the Sydney Morning Herald about a competition in natural gas development between Australia and east Africa. “Royal Dutch Shell, BG Group of the UK and France’s Total may scale back projects to build liquefied natural gas export plants in Australia and switch to Tanzania and Mozambique, where the new prospects lie and will cost about half as much.” (August 31, 2012)

Read more: http://www.smh.com.au/business/world-business/100b-lng-projects-imperiled-by-african-gas-rush-20120831-25428.html

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