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Msg  3560 of 3564  at  4/27/2023 10:31:33 AM  by

ex_hacker202


3rd FLNG FID signed

I believe this is the new one GLNG has pre-ordered $360M in long lead items and procured a hull for - appeared they were building on spec but we all knew they wouldn't put out that kind of cash w/o having a pretty firm handshake agreement in place - this just makes it official. It's not going to the Tortue gas field as many suspected.
 
 

LAGOS, April 27 (Reuters) - Nigeria's state oil firm NNPC Ltd signed a memorandum of understanding with Golar LNG (GLNG.O) of Norway to build a floating liquefied natural gas plant in the country, the company said late on Wednesday.

Africa's biggest oil producer, Nigeria, holds some of the world's biggest gas reserves and is seeking investment to boost its own domestic supplies and exports.

NNPC said on Twitter late on Wednesday that the memorandum was signed by NNPC chief executive Mele Kyari and Golar CEO Karl Fredrik Staubo in the federal capital Abuja.

The company did not provide further details and did not respond to requests for comment.

Golar has in the past indicated plans to set up a power project in Nigeria that could use one of its vessels to import liquefied natural gas.

 


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