Construction has begun on the world’s first floating liquefied natural gas (FLNG) facility, with Shell expecting production by 2017 from the Prelude field off the northwest coast of Australia. Company officials have mentioned the possibility of at least two additional FLNG projects of similar scale. Over the next decade, how many FLNG projects will be completed by the industry?

  • 4%
  • 42%
  • 40%
  • 15%

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FLNG has a future with NG competing with and eventualy replacing crude when gas hydrates take over.Probably thing of the future will be floating processing units able to relocate depending upone demand optimising the resiurces.

Jul 19, 2011

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As low oil prices make naphtha cracking margins in Europe and Asia more competitive, are investments in new, ethane-based petrochemicals capacity in the US and Middle East becoming less attractive?


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