Energy News Beat Publishers Note: We covered this on our live YouTube show months ago. Billions of dollars tied up on the floating LNG processing facility, and it has been off-line for 11 months due to a “electrical” issue.
Sydney, 11 January (Argus) — Cargo shipments have resumed at the 3.6mn t/yr Prelude floating LNG (FLNG) offshore Western Australia (WA), around 11 months after it went off line in February 2020 because of technical issues.
“LNG cargoes have resumed from Shell’s Prelude FLNG facility,” said operator Shell.
Prelude FLNG in the Browse basin has been plagued by technical issues since it started shipments in June 2019.
The confirmation of the return of shipments follows the 148,000m³ Symphonic Breeze LNG carrier due to arrive at Prelude on 4 January.
Australia has 10 LNG projects with a nameplate capacity of 86.6mn t/yr. But it has never achieved maximum exports because of maintenance issues, including at Prelude and the 15.6mn t/yr Gorgon LNG also offshore WA. The first train at Gorgon is currently off line for repairs to propane heat exchangers, said plant operator Chevron.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
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