Wednesday, March 30, 2016

FLNG market update

Petronas FLNG 1

With the low oil price environment dampening project sentiment.
Below are list of FLNG projects status:

1: Petronas’ PFLNG1 is expected to commence operations in 2016
2: Ophir Energy’s Fortuna FLNG still set for mid-2016 FID
3: ENI’s Coral FLNG development plan approved by Mozambique
4: Delfin FLNG project pushing ahead at for Port Delfin project
5: Petronas Delays PFLNG2
6: Browse FLNG decision delayed
7: Exmar, PEP cancel Caribbean FLNG deal