Conventional wisdom has it that floating LNG (FLNG) is the cheapest and most efficient way to access remote offshore gas fields, and that the technology could also be a better option for gas monetization than some land-based developments, helping cut spiraling construction costs and environmental opposition. But the technology remains commercially untested, and Royal Dutch Shell — regarded as the FLNG pioneer — has not divulged projected costs of its 3.6 million ton per year Prelude scheme off Australia, prompting concerns about the real costs of FLNG.
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