Shell’s Prelude FLNG vessel being towed to Australia. (Shell Australia)
The demonstration of FLNG technology at a commercial level and innovative methods of financing are encouraging signs for floating liquefaction projects being developed in Africa, journalists heard at a media briefing at international law firm Bracewell on Tuesday.
A combination of higher oil prices and growing demand for LNG over the past year have made it more likely that companies will take FIDs on new export projects. Jason Fox, a managing partner at Bracewell, said the state of the debt markets has improved...
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