SHELL has announced it will use its Floating Liquefied Natural Gas (FLNG) technology to develop its Prelude and Concerto gas discoveries located in Browse Basin.
Shell says its FLNG solution is an important development for the LNG industry because of its ability to process gas ‘in situ’ over an offshore gas field. This reduces project costs and the environmental footprint of an LNG development.
According to Shell, FLNG technology has the potential to unlock some of Australia’s stranded gas reserves which have previously been considered uneconomic to develop.
The company claims the project will produce LNG, Condensate and Liquefied Petroleum Gas during its 20 plus years of operation.
Shell says it is currently working on the environmental and production approvals for the Prelude FLNG project.
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