Shell plans 2nd floating LNG project

June 13, 2011 | LNG & LPG

Shell_FLNG

Royal Dutch Shell plans to install a second floating liquefied natural gas (LNG) project at the Greater Sunrise field in the Pacific as it steps up production in the region, a senior executive said on Monday.

“As soon as Australia and East Timor reach an agreement, we can move very quickly,” Neil Gilmour, general manager of FLNG at Shell Upstream International, told Reuters.

Gilmour didn’t rule out the possibility of the company building a third such facility in Australia. “It’s very possible,” he said.

The company will be able to quickly duplicate floating units to produce the super-chilled gas after announcing its first for the Prelude gas field offshore Australia. The technology allows the company to tap on stranded offshore gas resources to meet surging LNG demand in Asia which could double by 2020.