FLEX LNG has concluded MOU for a floating liquefaction project offshore Nigeria
Source: www.gulfoilandgas.com 11/15/2007, Location: Africa
LEX LNG announced that the company had signed an MOU with one of Nigeria’s leading indigenous E&P companies, Peak Petroleum Industries Nigeria LTD (Peak Petroleum) for the joint development of the Bilabri and Orobiri natural gas reserves using FLEX LNG's LNG Producer (LNG/P) concept. The project will have an annual production capacity of at least 1 million tonnes for up to 15 years with first LNG expected in 2011.
