FLEX LNG Limited
OSL:FLNG ISIN:VGG359451074
FLEX LNG Limited (OSL:FLNG) is an innovative company founded with the purpose of bringing LNG production offshore by commercialising the world’s first floating LNG production units (FLNG). The LNG industry has been constrained by slow development of new supply due to delays in onshore developments resulting from escalating engineering, procurement and construction costs as well as political uncertainty. FLEX LNG has four units on order from Samsung Heavy Industries in Korea.
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News
Australian Market Report of September 27, 2010 includes; Metgasco Limited (ASX:MEL) have considered a floating Liquefied Natural Gas (LNG) project and has commenced feasibility studies, Tap Oil Limited (ASX:TAP) has advised that the onshore exploration well, Markisa-1 in Block M, Brunei Darussalam spudded yesterday, Centaurus Metals Limited (ASX:CTM) has reported it is on track for initial Jambreiro resource, following strong drilling results and United Uranium Limited (ASX:UUL) has signed a Term Sheet with Shandong No.1 Institute of Geology and Minerals Exploration ("SDGM").
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