Dec 5 (Reuters) - Royal Dutch Shell Plc said itwould not move forward with its proposed 140,000 barrel per dayGulf Coast gas-to-liquids (GTL) project in Louisiana, despiteample supplies of natural gas in the area.
Shell said it would suspend any future work on the projectas GTL was not currently a viable option in North America forthe company.
The company cited development costs and the uncertainty ofoil and gas prices in the long term as reasons for scrapping theproject.
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