Update: Gazprom M&T books full capacity at Cameroon FLNG project

Update: Gazprom M&T books full capacity at Cameroon FLNG project

(Updated with Perenco confirmation)

Gazprom Marketing & Trading Singapore signed an eight-year deal with Société Nationale des Hydrocarbures, Perenco and Golar LNG to offtake 1.2 mtpa from the Cameroon FLNG project.

Following an international tender, GM&TS, a unit of Russian giant Gazprom, has been awarded the FOB LNG sales contract and will be the sole off-taker from the FLNG terminal, the independent oil and gas company with headquarters in London and Paris, Perenco, confirmed in a statement released on Friday.

A final investment decision on the Cameroon FLNG project was reached at the end of September, with Golar stating that commissioning is targeted for the second quarter of 2017.

The project is based on the allocation of 500 bcf of natural gas reserves to be supplied by SNH and Perenco from the Sanaga Sud and Ebome fields.

Keppel Shipyard in Singapore is currently working on a US$1.2 billion conversion of a Golar LNG carrier Hilli into an FLNG facility and is scheduled to complete works by February 2017.

 

LNG World News Staff; Image: Keppel

Share this article

Follow LNG World News

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >