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Gas fights for its post-COVID-19 future – The Australian Financial Review

Huge write-downs by Shell have raised big questions over the long-term prospects for Australia’s $200 billion of LNG projects in a post-COVID-19 world that may hasten towards a zero-carbon goal.

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The cut in oil price assumptions by Shell and BP that sits behind the write-downs gives added traction to a theory that COVID-19 is not just a cyclical shock to the sector but represents a fundamenta…

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