Shell has dropped plans for the construction of large scale natural Gas-to-Liquids plant in Louisiana, citing the project's likely development cost and uncertainties over long-term oil and gas prices. Shell selected a site in the southeastern part of the US state in 2013 as the potential location for its plant, which was to rival its massive Pearl GTL plant in Qatar and produce 140,000 b/d of oil products from low-cost shale gas. In September, the Louisiana Economic Development Agency said Shell must spend at least $12.5 billion on the project after the agency offered an incentive package for it that included a $112 million grant.
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