The Royal Dutch Shell takeover of BG Group is a spectacular vote of confidence in the coal-seam gas export industry in Gladstone, one that will have knock-on effects for other liquefied natural gas projects. Shell will take control of the Curtis Island site, the world’s first LNG plant to export CSG on a vast scale. The $91 billion deal will create the world’s second biggest energy producer, after ExxonMobil. Shell’s move is a reminder of the huge export potential of gas and its central role to a clean energy future. Yet the Greens and fellow policy fantasists are in denial about the potential of gas to cut carbon dioxide emissions.
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The Australian, Friday 10 April 2015