NGW Magazine: Kosmos and NW African Gas
Kosmos sees value in African LNG, where a string of exploration successes point to a possible floating LNG project based on low-cost feedstock and European demand.
US independent Kosmos is keen to launch an initial floating LNG (FLNG) project offshore northwest Africa by 2021-22 and says the project already has a designated offshore location. As operator and majority partner, it has been in talks with potential farm-in partners.
Discoveries made on the Greater Tortue fairway
(Map credit: Kosmos’s May 2016 presentation)
Kosmos CEO Andrew G Inglis hinted at its August 9 results that a final investment decision by end- 2016 looks unlikely, despite the company “still hoping for this.” Progress has nevertheless been made on the project at regular meetings this year involving the two host governments.
Full article in Natural Gas World Magazine September 7 2016. Subscribe now!