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Shell: An exciting time for floating LNG projects

As reported by Shell’s LNG Outlook 2017, the future LNG demand growth will be driven by: policy, floating storage regasification units (FSRUs), replacing declining domestic gas production, small-scale LNG and transport. As natural gas is fundamental to the energy transition, companies are welcoming FLNG, which have a smaller environmental footprint.

Shell’s Prelude FLNG is the largest offshore floating facility ever built; being able to hold the same amount of liquid to 175 Olympic-sized swimming pools. Once in operation the project will deliver LNG to customers worldwide.

Gastech Insights spoke to Shell’s GM – Global Gas & LNG DevelopmentJefferson Edwards to discover how the revolutionary project is developing and where they see the industry heading in the next 10 years.


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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
EWAnalysis
- Energy Web Atlas
Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Industry Perspectives
-Eugene Gerden
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.


Maximize Profitability with Advanced Analytics at Natural Gas Processing Plants

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Incorporating economic data into process modeling is key to optimizing operations and maximizing profits at gas processing plants. However, maintaining optimal operations are often challenging due to changing market dynamics, contract structures and increasing process flexibility. Today, gas processors are leveraging Predictive Control and First Principles models to accurately determine and control the optimal operating targets in real time based on the most current plant conditions and profitability, optimizing recovery of natural gas liquids. Learn how real-time analytics, combined with decision support tools, empower companies to:
•Improve processing margins by up to 5%
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•Improve compositional control to operate closer to product specifications

May 22, 2018 10am CDT

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