Shell Starts Shipments from Floating LNG Project -- ESG Insight
11 Juni 2019 - 5:25PM
Dow Jones News
The first cargo shipment from Shell's massive floating liquefied
natural gas project in Australia gives the company's environmental
positioning a lift as it looks to reduce reliance on other fossil
fuels. The floating infrastructure is said to cut the plant's
carbon footprint by 25% when compared to the emissions released by
a land-based LNG plant, but it is not risk-free. Offshore platforms
must be able to withstand harsh weather conditions not seen on
land. Wave motion and ocean currents may cause sloshing in
partially filled tanks which could lead to leaks that would
potentially pollute the ocean and counteract the environmental
benefits the plant is supposed to provide.
(goncalo.lousada@dowjones.com)
(END) Dow Jones Newswires
June 11, 2019 11:10 ET (15:10 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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