Liquefaction Capacity Allowing Processing News

DW: Prelude to a $60B FLNG Growth Story?

Following first steel cutting in late 2012, Shell’s Prelude Floating Liquefied Natural Gas (FLNG) unit continues to take shape in Samsung’s Geoje shipyard in Korea, Douglas Westwood (DW) said in its Monday report. At 488 meters long by 74 meters wide and with an LNG processing output of 3.6 million metric tons per annum (mtpa), its specifications are impressive; but what DW said is perhaps more interesting is that the Prelude unit has the potential to be a gamechanger, indeed Shell’s boss at the time ranked Prelude as his most important strategic decision.