Gazprom inks deal to buy gas from Cameroon FLNG project

Gazprom’s subsidiary, Gazprom Marketing & Trading Singapore Pte Ltd (GM&TS), has signed an agreement according to which it will be a sole off-taker from the floating liquefied natural gas (FLNG) project, located off the coast of Kribi, Cameroon.

Gazprom inked the eight-year agreement with Société Nationale des Hydrocarbures (SNH), Perenco Cameroon S.A. (PERCAM), Golar Hilli and Golar Cameroon (GOLAR) for 1.2 million tonnes per annum and will be the sole off-taker from the FLNG terminal.

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.

The FLNG Terminal will be owned and operated by GOLAR via its “Hilli” FLNG vessel currently under conversion at the Keppel Shipyard in Singapore. First LNG deliveries from the terminal are scheduled to start during the second half of 2017.

On the basis of the foregoing, SNH and Perenco Cameroon have announced the Final Investment Decision (FID) for the FLNG project.

Share this article

Follow Offshore Energy Today

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 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 31

16th MOSCOW INTERNATIONAL OIL AND GAS EXHIBITION

The Moscow International Oil & Gas Exhibition display products like oil and gas products, oil and gas services…

read more >

Beijing International Offshore Oil & Gas Exhibition (ciooe) 2019

Beijing International Offshore Oil & Gas Exhibition (ciooe), is a regular gathering in oil & gas industry…

read more >

Lebanon International Oil & Gas Summit 2019

LIOG 2019 will delve further into the opportunities that are present in Lebanon’s energy sector…

read more >

Atyrau Oil & Gas 2019

The event program is dedicated to the most topical issues of search, exploration, development of hydrocarbons…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply