Shell CFO: first Prelude LNG cargo set for Q2

Shell CFO: first Prelude LNG cargo set for Q2
Image courtesy of Shell

The Hague-based LNG giant Shell expects to ship its first cargo of the chilled fuel from its giant Prelude floating LNG facility located offshore Western Australia.

The facility has already shipped the first cargo of condensate in March.

Speaking to the media during the presentation of the first-quarter results, Shell’s chief financial officer, Jessica Uhl said, the company expects to ship the first cargo of LNG in the second quarter this year.

The company opened the wells in the fourth quarter last year, supplying gas to the Prelude FLNG, the largest of its kind.

Earlier in February, Shell Australia chairman Zoe Yujnovich, said the company is taking its time with the commissioning process leading up to stable production of LPG and subsequently LNG.

The FLNG facility is expected to stay moored at the Prelude gas field offshore Western Australia for 25 years. It is designed to produce 3.6 mtpa of LNG, 1.3 mtpa of condensate and 0.4 mtpa of LPG for export.

 

LNG World News Staff

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