19-05-2018

Golar’s Cameroon LNG project ships first cargo – sources, data

A first-of-its-kind liquefied natural gas (LNG) plant developed by Golar LNG off Cameroon has exported its inaugural cargo, according to trade sources and shipping data.

Successful start-up is a crucial test for Golar, which aims to roll out similar plants in Equatorial Guinea with Ophir Energy and in Senegal-Mauritania with BP * The first shipment was exported by Gazprom Marketing and Trading (GMT) – which bought the entire output of the Cameroon project for eight years – using the Galicia Spirit tanker on Thursday, shipping data shows.

First LNG was initially due in the second half of last year before being pushed back to late April this year.

In early May the tanker docked and filled up with 38,000 cubic metres of LNG, before taking another 100,000 cubic metres on May 14, according to market intelligence firm Kpler.

GMT said it had chartered two LNG vessels to haul supply from the plant * The Golar Maria tanker is converging on Cameroon to load the plant’s second cargo, according to trade sources and shipping data.

Source: Reuters

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