Thursday, October 11, 2012

Shell eyes new LNG plan for Browse | The Australian

Shell eyes new LNG plan for Browse | The Australian:
A SENIOR Royal Dutch Shell executive has done little to dampen growing speculation that the company will push its revolutionary floating liquefied natural gas (FLNG) technology as a solution to the ongoing controversy over the $US45 billion Browse project in Western Australia.

In an exclusive interview with The Australian, Shell's director of projects & technology Matthias Bichsel would not rule out considering FLNG as a development option for Browse.

1 comment:

  1. from the fisherwoman
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    Shell has quashed talk that floating LNG would be inappropriate for the development for the Browse field off Western Australia, suggesting it was working on vessels that could produce up to 6 million tonnes of LNG per year.

    It is building a 3.6Mtpa FLNG vessel to service the Prelude field, which is the largest in the world. Essentially, this means it would take several Preludes to develop the Browse field properly.
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    “FLNG allows you, from an environmental point of view, to [produce LNG] without disturbing coastlines or building a big facility in some pristine environment. Where you have that, it may help you with a solution.”

    For a project which has been mired by protest and native title squabbles, FLNG must seem like a very attractive option.

    With Shell recently upping its stake in the Browse joint venture, speculation has been rife that Shell is seeking to use its proprietary technology to develop more and more fields as an alternative to building costly greenfield projects.

    In response to the speculation, Woodside gave its standard line that it was committed to the process of taking the development through to final investment decision in the middle of next year.

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    How the LNG fortune cookie may crumble
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    Thursday, 11 October 2012

    CHINA may have rebuffed Russia’s offer to pipe natural gas to the country, but a recent surge in its imports from Central Asia may topple the fortunes of Australia’s $100 billion LNG export industry.

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