Shell Plans Added LNG Transport Network Amid Record Diesel
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Royal Dutch Shell Plc, the largest European oil company, plans to double the amount of liquefied natural gas available for trucks and marine vessels in North America after retail diesel prices reached a record.
Shell will build units in Ontario and Louisiana capable of producing about 500,000 tons a year, said James Burns, general manager of the company’s LNG for transport unit in the Americas. That’s the equivalent of about 12,000 barrels of oil a day, according to a Bloomberg calculation.