The World’s Largest Floating LNG Platform Restarts Production

OilPrice.com | Sep 19, 2022 at 3:13 AM
  • The Prelude floating LNG production facility off the coast of Australia has resumed production and exports, operator Shell said today.
  • The Prelude project has an export capacity of 3.6 million tons of liquefied natural gas annually, as well as 1.3 million tons of condensate and 400,000 tons of liquefied petroleum gas.
  • The biggest market for LNG produced at the mega-projects offshore Australia is Asia but LNG cargos have been diverted from their Asian destinations or resold by their Asian buyers to Europe as the latter was prepared to pay a premium for the fuel.