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Australia’s new fling with FLNG

June 10, 2014
Australia has some 15.5 trillion cubic feet of natural gas in the Browse Basin off its northwest shelf. There, the world’s first floating liquefied natural gas facility is being built to service two fields, Prelude and Concerto. Meant to stay on-site for 20-25 years and due online around 2016, the Prelude FLNG facility could revolutionise the industry and increase Australia’s balance of trade to the tune of A$18bn.
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This was reposted from The Economist.