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Ophir LNG activities progressing well

LNG Industry,

The Ophir Energy plc Intermin Management Statement and Operational Update for the period 1 January 2014 - 15 May 2014 said that LNG activities were progression well.

In East Africa, midstream development activities on the Tanzanian LNG project have taken steps forward with the formation of an Integrated Project Team to deliver early works and pre-FEED studies. The site for the LNG plant has been proposed to the Tanzanian Government.

In West Africa, progress continues to be made on the FLNG project to commercialise the Ophir’s gas resources in Block R, Equatorial Guinea. In February 2014, it was announced that Petrofac had been appointed as development operator for the project up to the final investment decision. Ophir is currently assessing shortlisted candidates to provide a suitable midstream solution and the preferred vessel provider will be selected in due course.

CEO of Ophir, Nick Cooper, said that “further progress on [the company’s] two LNG projects in Equatorial Guinea and Tanzania through 2014” is anticipated.

Edited from various sources by Ted Monroe

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