Golar LNG, Rosneft Eye FLNG Cooperation

Owner and operator of LNG carriers Golar LNG Limited and Russia’s gas producer Rosneft Oil Company have entered into a Memorandum of Understanding on cooperation in the area of floating liquefaction (FLNG) and transportation of natural gas.

Under this MoU the companies plan to discuss opportunities for the use of Golar’s GoFLNG facilities in Latin America and potentially other locations.

The parties said they were targeting signing of two FLNG tolling agreements for projects within Rosneft’s portfolio.

“This memorandum between Golar and Rosneft represents an opportunity for both companies to clearly align their objectives, combining Golar’s leading midstream LNG credentials (liquefaction, transportation and regasification) and Rosneft’s world class upstream portfolio,” the two companies said in a statement.

Golar added that its latest strategic move is to extend its business model further upstream by deploying its floating liquefaction technology (GoFLNG).

“The objective is to become the industry’s leading integrated midstream LNG services provider, supporting resource owners, gas producers and gas consumers,”
the company went on to say.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2019 >>
MTWTFSS
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 4 5

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >