FLNG

Shell Ships First Condensate Cargo from Prelude off Western Australia

  • Royal Dutch Shell shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia.
  • Shell had hoped to start generating cash flow from Prelude in 2018, but has yet to start shipping LNG from the project.
  • The project was to be the world’s first floating LNG facility but was beaten by Malaysia’s Petronas.
  • Prelude, designed to produce 3.6 million tonnes a year, is the last and smallest of eight LNG projects built in Australia since 2012.

http://mfame.guru/shell-ships-first-condensate-cargo-from-prelude-off-western-australia/

Malaysia’s PFLNG Satu Stops Production Ahead of Relocation

  • Petronas’ PFLNG Satu, world’s first floating LNG production facility at the time of its launch, that exported its first LNG cargo April 1, 2017 stops production.
  • Its second floating LNG facility under construction PFLNG Dua.
  • Petronas’ total production volume for 2018 rose to 2.36 million boe/d from 2.32 million boe/d in 2017.
  • Malaysia’s average sales gas volume rose to 2.78 billion scf/d over the period due to higher demand.
  • Total LNG sales volume fell by 1.78 million mt to 28.94 million mt in...

http://mfame.guru/malaysias-pflng-satu-stops-production-ahead-of-relocation/

Watch: Tango FLNG arrives in Bahia Blanca, Argentina

Tango FLNG (floating LNG), previously known as the Caribbean FLNG, arrived in Argentina on early February.  The gas unit voyaged from China onboard a heavy lift vessel. The floating LNG unit will remain in Argentina and produce LNG for export for the Argentinian energy company YPF over a 10-year period.

The FLNG unit belongs to Nicolas Saverys-led shipowner Exmar, and its following accomplishment includes outfitting and commissioning the unit.

Also, the departure of the first conventional LNG...

https://safety4sea.com/watch-tango-flng-arrives-in-bahia-blanca-argentina/

WoodMac: FLNG market to face challenges

According to Wook Mackenzie, despite its small share of the total LNG market, floating LNG (FLNG) has provided outsized interest in recent years. This happened as its offers lower capital investment and manageable costs, especially in frontier regions. Nevertheless, WoodMac added that future project opportunities are in short supply.

Specifically, after a review of the global FLNG, Wood Mackenzie believes that future project opportunities are in short supply as FLNG competes for capital and...

https://safety4sea.com/woodmac-flng-market-to-face-challenges/

Global LNG production to be up 11% in 2019, says Rystad

Global LNG production is ‘one element to watch in 2019’, with the global liquefaction capacity expected to increase from 396 Mt in 2018 to 434 Mt in 2019, according to data provided by research company Rystad Energy.

As shown in the figure, most of the new capacity will be added by the commissioning of US projects.

Namely, North America is set to lead the next wave of global LNG project sanctions in 2019, with three US Gulf Coast developments –Sabine Pass Train 6, Golden Pass and Calcasieu Pass–...

https://safety4sea.com/global-lng-production-to-be-up-11-in-2019-says-rystad/

FLNG unit sets sail for Argentina

The Belgian company, EXMAR, announced that its Floating LNG Liquefaction Unit (FLNG) with the name Caribbean will be renamed Tango FLNG and it has already departed China with destination the port of Bahia Blanca, Argentina, for its liquefaction operations.

Tango FLNG is now on the voyage to Argentina which is expected to take approximately 45 days.

Upon its arrival, Tango FLNG will be put in operation for EXMAR’s customer YPF S.A. and is expected to start up LNG production in the second quarter...

https://safety4sea.com/flng-unit-sets-sail-for-argentina/

Shell launches the world’s largest FLNG facility in Australia

Shell announced, on December 25, that the wells have been opened at its Prelude Floating Liquefied Natural Gas (FLNG) facility located 475km north-north east of Broome in Western Australia.

This is the world’s largest floating production structure and the last of the eight LNG projects built in the country over the last decade.

Prelude now enters start-up, ramp-up, which is the initial phase of production where gas and condensate is produced and is moved through the facility. Once this has...

https://safety4sea.com/shell-launches-the-worlds-largest-flng-facility-in-australia/

+ More