Serinus starts moving TEG unit to Moftinu

(Sharecast News) - Serinus Energy announced on Friday that the final assembly and testing of the triethylene glycol unit (TEG) was now complete.The AIM-traded upstream oil and gas exploration and production company said the TEG was now being transported from the Confind fabrication yard in Campina, Romania to the Moftinu plant site.It explained that the Moftinu site was approximately 550 km from the Confind facility."Once on site the TEG will be reassembled and work will commence to install the unit in preparation for gas production," the Serinus board said in its statement."The low temperature separation unit (LTS) will be transported to the Moftinu plant site once final assembly and testing is complete."