Shell Decides to Move Forward With Groundbreaking Floating LNG
Shell Decides to Move Forward With Groundbreaking Floating LNG Shell Announces Final Investment Decision on Prelude Floating LNG Project in Australia The Hague, May 20 /PRNewswire/ — The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world's first FLNG facility. Moored far out to sea, some 200 kilometres from the nearest land in Australia, the FLNG facility will produce gas from offshore fields, and liquefy it onboard by cooling. The decision means that Shell is now ready to start detailed design and construction of what will be the world's largest floating offshore facility, in a ship yard in South Korea. From bow to stern, Shell's FLNG facility will be 488 metres long, and will be the largest floating offshore facility in the world - longer than four soccer fields laid end to end. When fully equipped and with its storage tanks full, it will ...