FLEX LNG Extends Deal with SHI (UK)

FLEX LNG announced that the Preliminary Agreement that was executed with Samsung Heavy Industries on 11 April 2011 has been extended until early January 2012.

“FLEX LNG will provide further information once additional meetings with Samsung Heavy Industries have been completed in early January 2012.”, FLEX LNG said in a press release.

The company holds contracts with Samsung Heavy Industries for the floating liquefaction unit (LNG Producer) Hull and for the Engineering, Procurement, Construction, Integration and Commissioning of the liquefaction unit.

In April 2011 FLEX LNG executed agreements with InterOil, Pacific LNG, LNGL and Samsung Heavy Industries for a FLNG project that would liquefy natural gas from the onshore Elk and Antelope gas fields in the Gulf Province in PNG.

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LNG World News Staff, December 16, 2011