Shell starts building Prelude floating LNG facility

18 October 2012 09:46  [Source: ICIS news]

SINGAPORE (ICIS)--Shell has begun constructing in South Korea its first floating liquefied natural gas (FLNG) facility, which will be deployed to Australian waters, the oil and gas major said on Thursday.

The FLNG project, which Shell says will be the world's largest offshore floating facility, will be 488 metres (1,601ft) long and 74 metres wide, the company said in a statement.

The company did not specify a timeline for the facility’s completion.

The FLNG facility will tap around 3,000 billion cubic feet equivalent of resources contained in the Prelude gas field in Australia, according to the company’s website.

The facility will extract gas, turn it into LNG and then transfer the product directly to ships, for delivery to customers, according to Shell.

“This is the first of what Shell expects to be multiple Shell FLNG projects,” the company said.

By: Nurluqman Suratman

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