News28 Apr 2017 09:53
In contrast Hilli, now renamed Hilli Episeyo, could be operational later in 2017 as the world’s second functioning and first converted FLNG vessel. The modification work, at the Keppel yard in Singapore, has entered its final phase and Hilli Episeyo is due to commence trial operations in the Kribi fields off the Cameroon coast in September this year.
Golar LNG has concluded an eight-year time charter contract with Societe Nationale des Hydrocarbures (SNH) and Perenco Cameroon, developers of the fields, to underpin employment of Hilli Episeyo. The SNH/Perenco scheme is based on production of 1.2 mta and Gazprom has signed up for the full output.
Hilli Episeyo is being provided with the capacity to liquefy up to 2.4 mta of LNG, so Cameroon will have the potential to boost exports. This option will depend on the extent to which any newly discovered gas reserves exceed the needs of planned domestic fertiliser and power plants.
Golar LNG, in tandem with its One LNG joint venture partner Schlumberger, is making progress in efforts to secure employment for a second converted spherical tank ship into an FLNG vessel. If negotiations are successful, Gandria would process LNG on behalf of Equatorial Guinea’s Fortuna project.
One LNG and Fortuna project partner Ophir Energy are expected to make an FID on the scheme in the first half of 2017, enabling Gandria to commence work as an FLNG vessel in 2019.
LNG World Shipping lists FLNG newbuildings in its LNGC orderbook statistics but not FLNG conversion projects.
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