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Floating LNG

 

BP to purchase 100% of LNG produced by Coral South FLNG unit

BP has entered into a sales and purchase agreement with the Area 4 concession partners to purchase 100% of LNG produced by the Coral South floating LNG facility, which is expected to be located offshore Mozambique.

 
 
 

FLNG performance test completed

Wison Offshore & Marine has completed the performance test for Exmar’s FLNG production facility.

 

Fortuna FLNG looking to Europe as its next key market

According to Reuters, Equatorial Guinea is discussing pricing terms with possible offtakers from its 2.2 million tpy Fortuna floating LNG project, with Europe being eyed as its next key market.

 
 
 
 
 

DW: LNG expenditure to grow by 50%

A new forecast from Douglas-Westwood suggests that global LNG expenditure will total US$284 billion between 2017 and 2021.