FLEX, Rift to Select LNG Offtaker, Partner for PNG Project

FLEX LNG has started a process together with Rift to select a LNG offtaker and integrated project partner for a floating liquefaction project offshore PNG.

This process has been accelerated as a result of the announcement on November 14 by Rift that the potential gas resources in PPL 235 have increased significantly compared to earlier estimates and could mean that the project could deliver first LNG earlier and for a longer period than previously estimated.
 

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