Shell's Big Plans for Liquified Natural Gas
Royal Dutch Shell (NYS: RDS.B) is already the industry leader in liquified natural gas, often referred to as LNG. Now, the company has announced plans to invest an additional $20 billion in LNG projects by 2015, both in the United States and Australia. In this video, Motley Fool energy analyst Taylor Muckerman tells us who Shell's major partners are going to be in these projects, what the company's goals are in terms of the numbers, and why this is just the right move for a company like Shell.
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Joel South has no positions in the stocks mentioned above. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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