Shell says all major projects on track

Thu Jan 29, 2009 12:23pm GMT
 
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LONDON, Jan 29 (Reuters) - Oil major Royal Dutch Shell Plc (RDSa.L) said all its major projects currently under construction were on track, despite concerns its U.S. refinery expansion programme was losing steam.

"All post-FID (Final Investment Decision) projects are on track for planned start up," spokesman Adam Newton said when asked about a report that work on the Port Arthur refinery, which Shell co-owns with Saudi Aramco, had slowed.

The expansion is scheduled to be completed in 2010.

The Port Arthur expansion was on the bottom of a list of projects slated to start up in 2010-2011, which Shell published on its website at:

here

(Reporting by Tom Bergin)

 

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