Shell’s Giant Prelude LNG Could Restart Next Week

Industry sources and shipping statistics cited by Reuters indicate that Shell (SHEL.L) is expected to resume exports next month at its Prelude liquefied natural gas (LNG) project offshore Australia, where significant maintenance is almost finished, with operations likely to resume next week.  While huge stockpiles have constrained buying so far this year, the timing of the massive floating facility's resumption to operations is likely to coincide with peak consumption in Europe and China, as winter in the northern hemisphere increases demand.…