Australia Reaches for LNG Crown as $200 Billion Boom Ends

By Stephen Stapczynski (Bloomberg) --Australia started the last in a $200 billion wave of natural gas mega-projects, setting it on course to become world’s top exporter of the fuel. Royal Dutch Shell Plc said Tuesday its Prelude floating liquefied natural gas terminal offshore northern Australia shipped its first cargo. It’s the eighth Australian plant to start since 2012 by … [Read more...]

Prelude FLNG Ships First Gas

The long-awaited first shipment of liquefied natural gas has sailed from Shell's massive Prelude FLNG facility that is now permanently moored off the coast of Western Australia. Shell announced Tuesday that the first shipment of LNG departed Prelude aboard the LNG carrier Valencia Knutsen destined for customers in Asia. The Prelude FLNG facility is operated by Shell in … [Read more...]

Shell’s Prelude FLNG Begins Initial Phase of Production Off Western Australia

Shell Australia announced this week it has opened the wells at its massive Prelude FLNG facility located off Western Australia. The Floating Liquefied Natural Gas facility now enters start-up/ramp-up, which is the initial phase of production where gas and condensate is produced and is moved through the facility. Shell says once ramp-up has concluded, the facility will be … [Read more...]

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...]