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Floating was only Browse option: Voser

Royal Dutch Shell chief executive Peter Voser has pushed back against criticism by West Australian premier Colin Barnett over plans to develop the Browse gasfields using floating LNG technology instead of building the project onshore...

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Royal Dutch Shell chief executive Peter Voser has pushed back against criticism by West Australian premier Colin Barnett over plans to develop the Browse gasfields using floating LNG technology instead of building the project onshore, according to The Australian.

Mr Barnett has been vocal in criticising Shell and Woodside Petroleum Ltd for planning to construct the project offshore as the onshore option would result in more investment and jobs for the state.

However, Mr Voser, in his first public comments on the spat, said the onshore option was never financially viable, leaving developers with little choice but to pursue the floating option if the project was to be constructed at all.

“In the end you want a project which is profitable, which is doable,” Mr Voser said, according to The Australian.

“And an onshore project in WA was just not possible.

“It is not a question of whether it’s a floating or an onshore project, it is whether it’s floating or no project.”

SOURCE

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