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30.06.2017 14:30

Largest LNG Floating Terminal Heads to Western Australia

The Prelude floating liquefied natural gas production facility is the largest vessel of its kind and can process an amount equivalent to Hong Kong

AUTHOR: publics.bg

© Shell

A floating production facility that will be used to tap into the natural gas reserves off the coast of Australia has left the shipyard in Geoje, South Korea, Shell said Thursday, UPI reported.

The vessel will allow Shell to pull natural gas from the Prelude field off the coast of Western Australia, process it into LNG and transport it on to its customers.

Shell's presence in Australia extends into the natural gas market, operating in the Browse reservoir in Western Australia. Its Prelude floating liquefied natural gas production facility is the largest vessel of its kind and can process an amount equivalent to Hong Kong's entire demand for natural gas.

"The facility, constructed by Technip Samsung Consortium, is being towed to North West Australia, where the next phase of the project will begin," Shell said in a statement.

Its Prelude floating liquefied natural gas production facility is the largest vessel of its kind and can process an amount equivalent to Hong Kong's entire demand for natural gas.

Cash flow from the project is expected as early as next year.