Sunday, May 29

Gas plant largest floating husband object

PERTH - energy companies Royal Dutch Shell has made a decision to construct what it claims is the world's largest floating husband object: a massive natural gas plant off the Australian coast.

Shell said the plant built, in a South Korean shipyard, are longer than six football fields and from 260,000 tons of steel - five times more than Sydney is famous harbour bridge or about six times as much as the largest aircraft carrier.

The company claimed that the "Prelude" liquefied natural gas plant is 25 years, and Friday resists the worst hurricanes.

Shell did not say how much it will cost to build. It expected that the structure brought online to 2017.

The plant is in the equivalent of 110,000 barrels per day in gas from undersea fields 125 miles off the coast and cool it in liquefied natural gas, LNG called.

"This is a seal of trust in the idea of floating LNG,", said Tony Regan, analyst at Tri-Zen capital in Singapore.

So far, liquefaction of offshore gas pipe-laying took part in the gas to a land-based.

With the consent of the prelude, shell delivers a host of other LNG project developers scrambling to meet fast-growing Asian demand, particularly from China and India.

The devastating tsunami, there are also LNG demand from Japan to March there several nuclear reactors offline and recently Japan's Chubu Electric Power Co. asked to close its two operating nuclear reactors in the Hamaoka plant.

Japan LNG imports has increased after shutdown nuclear capacity in the wake of the earthquake and tsunami in this year.

China imported rocket to 46 million tonnes only about 9 million tonnes LNG in 2010, but the consumption expected to be five times by 2020.

Australia has currently around a 200 billion dollar (213 billion dollars) worth of LNG projects on the drawing board. The industry is to triple current production to 60 million tonnes per year of 2020.

The associated press and Reuters contributed to this report.

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