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Shell had reported US$9 billion-worth of impairment charges related to its Australian gas assets in the second and third quarters of 2020 — Prelude had halted operations in February of that year.
Shell did not give a time frame for when production at the facility would resume. In the past year, Shell has wrestled with disruptions at Prelude FLNG, the world's largest floating LNG platform.
After the pay dispute was settled, Shell had to shut down Prelude LNG again at the end of 2022 due to a fire that occurred on December 21. A small fire was detected on board Prelude in a turbine ...
Prelude is co-owned by Shell, Inpex Corp, Korea Gas Corp (KOGAS), and a subsidiary of Taiwan's state-run Chinese Petroleum Corp. Shell operates the facility. ($1 = 1.4459 Australian dollars) ...
Floating liquefied natural gas (FLNG) terminals are increasingly impacting the global LNG market, with Rystad Energy ...
Prelude LNG resumed output around a month after the incident. Apart from being a major LNG producer, UK-based supermajor Shell is the world’s largest trader of liquefied natural gas.
Royal Dutch Shell PLC RDS.A recently informed that it resumed production of liquefied natural gas at its Prelude floating liquefied natural gas (LNG) facility, located offshore Western Australia ...
Prelude FLNG has a nameplate production capacity of 3.6 million tonnes per annum of LNG, 1.3 million tpa of condensate and 400,000 tpa of liquid petroleum gas. Shell operates the floater with a 67 ...
Shell PLC (NYSE: SHEL) reportedly considered temporarily halting operations at its flagship floating LNG production platform Prelude offshore Australia to cater to some maintenance works and repairs.
Shell’s Prelude FLNG unit offshore Australia will not be restarting production in the first quarter of 2022, the company’s CEO said during a conference call.