Shell says no Prelude FLNG restart before next year

The Hague-based energy giant Shell said Thursday it will not restart production at its giant Prelude FLNG facility offshore Western Australia before the next year.

Shell hasn’t exported any cargoes from the FLNG for more than nine months following an electrical trip on February 2.

“We continue to work through the process for hydrocarbon restart of Shell’s Prelude FLNG facility, with safety and stability foremost in mind,” Shell said in a statement.

“Full production is not expected to resume before year end. Prelude is a multi-decade project, and our focus is on delivering sustained performance over the long term,” the company said.

To remind, Prelude shipped its first cargo last year after several start-up delays.

The FLNG has the capacity to produce 3.6 mtpa of LNG, 1.3 mtpa of condensate and 0.4 mtpa of LPG.

Shell operates the Prelude FLNG, located 475 km from Broome in Western Australia, with a 67.5 percent stake.

Japan’s Inpex holds a 17.5 percent stake, Korea’s Kogas 10 percent, while Taiwan’s CPC holds 5 percent.

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