Shell, Anglo American rethink coal-to-liquids project

Royal Dutch Shell Plc and the U.K.’s Anglo American Plc are rethinking the development of an Australian project to turn coal into liquid fuel, saying it might cost too much. “Monash Energy, and its owners Shell and Anglo American, believe that, in the long term, coal to liquids may provide an opportunity for Victoria to provide domestically produced clean liquid fuels for Australian and international markets,” Roger Bounds, project director at the jointly-owned Monash Energy Holdings Ltd. venture, said. (December 2, 2008)