Shell (RDS.A) plans to build the first floating liquefied-natural-gas facility off the coast of...

|By:, SA News Editor

Shell (RDS.A) plans to build the first floating liquefied-natural-gas facility off the coast of Australia, in a debut for the technology that enables direct processing of offshore reserves without first piping them to land. The vessel - much bigger than an aircraft carrier - could unlock dozens of "stranded" gas fields.