KOGAS in Talks to Buy Stake in Prelude FLNG (Australia)

South Korea’s KOGAS said today that is in negotiations with Shell to acquire stake in Prelude FLNG.

KOGAS, the world’s largest corporate buyer of LNG, plans to set up a wholly owned subsidiary next year, KOGAS Prelude, in Perth, the company said in a statement to the Korea Stock Exchange.

The Prelude FLNG facility will be 488m long, 74m wide and and it will be located approximately 475 kilometres north-northeast of Broome, Western Australia.

Once operational, the Prelude FLNG will produce at least 5.3 million tonnes per annum of liquids: 3.6 mtpa of LNG, 1.3 mtpa of condensate (equivalent to 35,000 bbl/d) and 0.4 mtpa of LPG.

LNG World News Staff, December 23, 2011; Image: Shell

 

Share this article

Follow LNG World News

One thought on “KOGAS in Talks to Buy Stake in Prelude FLNG (Australia)”

Comments are closed.

Events>

<< Nov 2017 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

The 27th World Gas Conference (WGC 2018)

The 27th World Gas Conference (WGC 2018) will be the largest, most timely and most significant global gas conference and exhibition ever held.

read more >

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening is recognised as the premier end of year gathering for the global LNG industry.

read more >

CWC Japan LNG & Gas Summit

The inaugural CWC Japan LNG & Gas Summit, supported by METI, is the dedicated platform for international suppliers

read more >

Asia Pacific Maritime and Offshore Exhibition 2018

7 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia…

read more >