TUBE EXPO 2024
Visitor Registration Booth Application Newsletter
Countdown
Days
Hours
Min
Sec

Shell may lose out in gas competition


Sydney (bloomberg) --royal Dutch shell's supply is likely to be dug up for the first time by rivals after a decade of planning the world's largest floating gas export plant.According to Wood Mackenzie (Wood Mackenzie) consulting company,shell and the Japan international petroleum development emperor stone holdings (Inpex) are aimed at Australia's remote bloss basin is a connecting gas reservoir,the basin from the northwest coast,about 200 km (125 miles).According to the planned launch date this month,the Ichthys liquefied natural gas project,Japan's international petroleum development,has an advantage over shell's Prelude LNG project.

Shell risks losing gas race as rival targets shared resource

SYDNEY (Bloomberg) -- After a decade planning the world's largest floating gas export plant,Royal Dutch Shell Plc's supplies could get tapped by a competitor first.

Shell and Japan's Inpex Corp. are both targeting gas from a connected reservoir in Australia's remote Browse basin,about 200 km (125 mi) off its northwest coast,according to consultant Wood Mackenzie Ltd. Meeting its planned start up date this month would give Inpex's Ichthys LNG project an edge over Shell's Prelude LNG.
 

“The difference between Prelude starting six months before versus six months after Ichthys could be a few percent of their reservoir stake," Wood Mackenzie analyst Saul Kavonic said in an email. "That is a material amount."
 

The two projects,both due to start this year at a combined cost of about $50 billion,are being watched by energy majors intrigued by their different approaches to tapping remote fields.The 3.6 million-ton-a-year Prelude represents Shell's biggest bet on floating LNG technology,which liquefies the fuel at sea before its loaded on tankers and shipped to buyers,eliminating the need for subsea pipelines to shore.
 

For Inpex,the Ichthys development is its most ambitious project and its costliest. With an annual capacity more than double Prelude's, at 8.9 million tons, it plans to pipe gas 890 km to an onshore plant near Darwin where it will be liquefied and exported.
 

While the two projects draw from separate fields,Prelude and Ichthys respectively,they may share gas at a reservoir called Brewster,according to a 2015 report by the Australian government-operated Geoscience Australia. As well,the National Offshore Petroleum Titles Administrator said the two fields may extend beyond the boundaries defined by their original exploration blocks,which are adjacent.
 

While Shell and Inpex are running separate projects,they aren't strictly rivals. Inpex agreed to buy a 17.5% stake in Prelude in 2012,after the Tokyo-based company already took a final investment decision on Ichthys LNG. A map published by Inpex at the time showed the fields practically touching.The producers have also worked together on a joint response should a spill occur from the projects.
 

"They are connected reservoirs," Shell Australia chairman Zoe Yujnovich said in an interview with Sky News on Dec. 20. "We also need to remember this is a reservoir that has a reasonably long life horizon and Prelude itself is something we expect will continue to be operating over decades."
 

A Shell spokeswoman declined to comment on the implications of a shared reservoir.

Inpex fell 1.1% to 1,267.5 yen in Tokyo trading,compared with the benchmark Topix Index, which lost 0.5%.
 

The two fields aren't connected, Inpex Senior Managing Executive Officer Masahiro Murayama told reporters Feb. 8 in Tokyo. Inpex is committed to the success of both projects,Bill Townsend,a general manager for Inpex external affairs in Australia,said in an email.
 

How the reservoir might straddle Prelude and Ichthys fields will likely determine the position and timing of the projects'separate drilling programs,John Davidson, founder of Hobart-based E&P Consultants said in a phone interview. Gas at the top of the Ichthys field may be in direct contact with Shell's Prelude block,he said.
 

The two explorers may have already agreed on a process to divide up any gas flowing between the projects,according to Davidson.There are international precedents for similar deals,including a disputed oil find off Mexico last year. Both companies declined to say if there was a sharing agreement in place.
 

Even if gas is shared across the two fields,both projects likely have sufficient reserves to fulfill decades of planned LNGproduction.The 800-km2 Ichthys field holds 12 Tcf of gas and 500 MMbbl of condensate,which will provide 40 years of supplies,according to Inpex.The Prelude field contains 3 Tcf of gas,Shell says.
 

"There's a lot riding on both companies to get this right,"said Davidson."The shared volumes could be sizable."

Source: China international energy public opinion research center

欧美成人在线视频| 思思久久99热只有频精品66| 久久精品国产色蜜蜜麻豆| 日本高清护士xxxxx| 久青草中文字幕精品视频| 日韩AV片无码一区二区不卡| 久久无码精品一区二区三区| 无人高清视频完整版在线观看| 久久99精品久久水蜜桃| 少妇被又大又粗又爽毛片| 一级做a爰片性色毛片男| 大地资源在线资源官网| 99任你躁精品视频| 国产精品亚洲欧美大片在线观看 | 人妻丰满熟妇AV无码区免| 欧美黑人xxxx又粗又长| 亚洲欧美中文字幕高清在线一| 村上里沙在线播放| 久久综合九九亚洲一区| 成全视频在线观看在线播放高清 | 久久久久亚洲精品男人的天堂| 性欧美18~19sex高清播放| 一本久久A久久免费精品不卡| 国精产品一品二品国精品69xx | 向日葵app下载视频免费| 电车痴汉在线观看| 亚洲色精品vr一区二区三区| 欧美亚洲一区二区三区四| 亚洲AV无码一区二区三区在线播放 | 美国玩尿眼道videos| 动漫乱理伦片在线观看| 欧美黄色片网址| 亚洲国产精品久久人人爱| 日本欧美成人免费观看| 中文字幕无码不卡一区二区三区| 天天做天天爱天天综合网2021| 97久久香蕉国产线看观看 | 国产成a人片在线观看视频下载| 美女被视频在线看九色| 免费高清a级毛片在线播放| 欧美影院网站视频观看|