Australian Broadcasting Corporation: Oil company Shell could establish the world’s first floating liquefied natural gas processing plant off Western Australia’s north west coast after receiving Federal Government approval for the project. The Federal Environment Minister Tony Burke has granted Shell approval for its Prelude Project, 475 kilometres north of Broome. Shell’s Prelude project vice president, Bruce Steenson, says the innovative technology is cheaper and greener than processing gas onshore. “We put the LNG facilities…