Mon, 20 Aug 2012 23:42:46 CDT
Royal Dutch Shell Plc will increase its stake in Australia's Browse LNG project by picking up Chevron's equity in the $30-billion (19 billion pounds) venture in an asset-swap deal, opening up the possibility of new development options such as floating LNG. Browse LNG has been plagued by controversy over its proposed location at James Price Point on the northwestern coast of Australia...
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