Shell drops out of major U.S. LNG project, Energy Transfer delays decision
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(Reuters) - Royal Dutch Shell Plc pulled out of a major liquefied natural gas (LNG) export plant under development in Louisiana following the recent crash in oil and natural gas prices, in a move that resulted in its partner, Energy Transfer LP , delaying their final decision on going ahead with the project to next year.Lake Charles is one of several LNG export projects based around the world that have been delayed in recent months by the collapse in global energy prices. Global LNG demand has..