Shell’s Up Next, And Last, in Australia’s $200 Billion LNG Bonanza

By Dan Murtaugh and Stephen Stapczynski (Bloomberg) -- And then there was one. Australia’s nine-year, $200 billion boom in liquefied natural gas still has a final debut in the works: Royal Dutch Shell Plc’s Prelude, floating 200 kilometers (124 miles) off its northwest coast. It’s the last project in that investment cycle to start production after Japan’s Inpex … [Read more...]

Shell’s Massive Prelude FLNG Goes ‘Live’ Off Western Australia

Royal Dutch Shell's massive Prelude floating liquefied natural gas platform has gone 'live' off the coast of Australia after taking on board its first gas. The LNG was imported by the LNG carrier Gallina, arriving from Singapore, marking what was also Prelude's first ship-to-ship (STS) transfer. The loaded LNG will give Shell the opportunity to test Prelude's LNG export … [Read more...]

Shell’s Prelude FLNG Start-Up Plan Risks Losing Gas to Rivals

By Perry Williams (Bloomberg) -- After a decade planning the world’s largest floating gas export plant, Royal Dutch Shell Plc’s supplies could get tapped by a competitor first. Shell and Japan’s Inpex Corp. are both targeting gas from a connected reservoir in Australia’s remote Browse Basin, about 200 kilometers (125 miles) off its northwest coast, according to consultant … [Read more...]

Shell’s Gigantic Prelude FLNG Sets Sail for Australia

Royal Dutch Shell's Prelude floating liquefied natural gas (FLNG) facility has set sail from the Samsung Heavy Industries shipyard in South Korea on its 5,800-kilometer journey across the ocean to its new home offshore north-western Australia. At 488 meters long by 74 meters wide, the 600,000-tonne Prelude FLNG is the largest offshore structure ever built. To put that in … [Read more...]