Golar LNG Ltd (Golar) has announced the signing of a Heads of Agreement (the HOA) with Societe Nationale de Hydrocarbures (SNH) and Perenco Cameroon (Perenco) for the development of a floating liquefied natural gas export project located 20km off the coast of Cameroon and utilizing Golar’s floating liquefaction technology (GoFLNG).
The HOA is premised on the allocation of 500 bcf of natural gas reserves from offshore Kribi fields, which will be exported to global markets via the GoFLNG facility Golar HIlli, now under construction at the Keppel Shipyard in Singapore.