Shell has abandoned plans to have its floating LNG production platform Prelude offshore Australia out for a year for a major overhaul and has chosen instead for a quicker maintenance period of several months, as it looks to take advantage of strong gas demand, industry sources have told Reuters. Prelude FLNG – the world’s largest floating liquefied natural gas facility offshore Australia – was also the first such platform worldwide, but it has been plagued by issues since shipping its first LNG cargo in June 2019.
Prelude has…Energy Sector Raises Shareholder Returns At The Expense Of Green Investment
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