Shell resumes LNG shipments from world's largest floating structure
Jan. 11, 2021 11:46 AM ETShell plc (SHEL)SHELBy: Carl Surran, SA News Editor4 Comments
- Royal Dutch Shell (RDS.A -0.8%) says cargo shipments have resumed at its 3.6M mt/yr Prelude floating LNG offshore Western Australia, 11 months after it went offline because of technical issues.
- Prelude FLNG in the Browse basin has been plagued by technical issues since it started shipments in June 2019.
- The Symphonic Breeze LNG carrier is scheduled to arrive at Japan's Himeji port on Jan. 16 after leaving Prelude on Jan. 9, and the Gaslog Glasgow is scheduled to arrive at Prelude on Jan. 21, Argus reports.
- Prelude's restart follows a spike in prices for northeast Asian spot liquefied natural gas as colder than expected weather in northeast Asia has fueled urgent demand for cargoes.