Prelude FLNG, Australia’s gas squeeze, and the awkward question Shell hoped would stay offshore
Shell, previously known as Forthdeal Limited, subsequently as Royal Dutch Shell plc, and now hiding in plain sight as Shell plc after ditching the disgraced Royal Dutch moniker, has reportedly found a fresh cloud hanging over one of its most extravagant monuments to fossil-fuel optimism: Prelude FLNG, the vast floating liquefied natural gas facility moored off Western Australia.
According to the Australian Financial Review report supplied for this article, the issue now stalking Shell’s offshore gas leviathan is not simply engineering, cost, safety, downtime, or the minor inconvenience of climate physics. It is domestic gas policy — that tiresome democratic habit of asking whether a country exporting vast quantities of gas might also like to keep some for its own households and industries. read more
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