Article: Australia: Shell May Pioneer Floating LNG Plant off Australia, Poten Says.

Byline: prashant03

Royal Dutch Shell Plc, Europe s largest oil company, may be the first company to develop a floating liquefied natural gas project with the location likely to be off northern Australia, an energy consultant said.

The pioneering floating LNG project is likely to occur somewhere where you have got benign sea conditions and where you have got a stable fiscal and political environment, Daryl Houghton, senior LNG consultant at Poten & Partners, said at a conference in Darwin today. That sort of sounds like northern Australia to me.

Inpex Corp, Shell and Santos Ltd. are among companies investigating floating LNG technology, yet to ...

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