28 March 2024
Shell confirms Prelude FLNG equity stakes for CPC and KOGAS
Publication date: 27 April 2012
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
Shell on Thursday confirmed for the first time that South Korea’s KOGAS will be taking a 10% equity stake in the Prelude FLNG project offshore Australia, as part of a proposed supply deal announced by South Korea’s Ministry of Knowledge Economy (MKE) in August visual_editor011. The company also announced that Taiwan’s state-owned oil refiner CPC will be taking a 5% stake in Prelude to complement a supply agreement signed in May visual_editor011.