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Shell’s Prelude FLNG becomes a big headache!

Shell’s Prelude FLNG becomes a big headache!

By Bill Campbell

According to a recent article in Forbes “the biggest vessel in the world costing todate between 12 and 17 billion US may have also turned into Shell’s biggest blooper.”

It’s all been Technically very challenging as Shell has attempted to squeeze a complex LNG plant into a relatively small space Forbes say. (this website has covered this as a fundamental concern a number of times) – (1)

Goodman Sachs are also of the opinion that when eventually fully operational Prelude, the worlds most expensive LNG project, will only break even in current market conditions at around 20 dollars per a thousand cubic feet. read more

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