Not great for Golar LNG

Announced mid-week, Nigeria is moving ahead with its first FLNG project, and Golar LNG (GLNG) do not seem to be in the equation. I mention this because GLNG had signed an agreement with NNPC to look into FLNG solutions.

On a more positive GLNG note, the second FLNG asset (FLNG Gimi) is making progress towards its offshore Mauritania-Senegal location. The vessel has rounded the Cape, and is now in Namibia.