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Actualités of Thursday, 9 June 2016

Source: businessincameroon.com

Golar LNG sets up office in Cameroon

Golar LNG Ltd Golar LNG Ltd

Golar LNG Ltd, a company listed on the Oslo Stock Exchange, created Golar Cameroun SA, its Cameroonian subsidiary, with a capital of FCfa 10 million, we learned in an legal notice published on June 7, 2016. Golar Cameroun is managed by Andreas Lie, while its Board is chaired by Robert Hingley-Wilson.

The purpose of the company indicated that it will take part in any natural gas liquefaction project in the country, like the one in development off the coast of Kribi, in South Cameroon; on which this global methane vessel owner and operator is in partnership with Perenco and Société Nationale des Hydrocarbures (SNH).

As a reminder, this project meant to build a gas liquefaction plant in Kribi, will be in a first phase about setting up a gas liquefaction floating unit off the coast of this seaside city, in order to anticipate the production and export of liquefied natural gas (LNG) in Cameroon from 2017.

The floating unit will have an annual production capacity of 1.2 million tons of liquefied natural gas (LNG).