Splash 747: Golar FLNG project in Cameroon Moves Forward
Golar LNG has said it has reached an agreement on the commercial terms and conditions with Societe Nationale de Hydrocarbures (SNH) and Perenco Cameroon for the development of a floating liquefied natural gas export project in Cameroon.
An initial agreement was signed late last year, and now that the conditions are agreed the project just needs government approval, which is expected in the third quarter of this year.
Golar will provide the liquefaction facilities and services under a tolling agreement to SNH and Perenco, who will be responsible for marketing the project located near shore off the coast of Cameroon.
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