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LNG World Shipping

FLNG moves forward as Hilli Episeyo reaches Cameroon

Mon 27 Nov 2017 by Karen Thomas

FLNG moves forward as <i>Hilli Episeyo</i> reaches Cameroon

Golar LNG’s converted LNG carrier Hilli Episeyo has arrived off Kribi in Cameroon, putting the vessel on course to support the world’s second live floating LNG (FLNG) project.

VesselsValue data shows the 125,000 mᶾ vessel sailing fully laden eastbound, off Kribi yesterday. Hilli Episeyo left Singapore in mid-October, having been converted from a conventional LNG carrier at the Keppel shipyard.

Reports from Cameroon said the vessel will enter service once a processing unit has been built near Kribi. The vessel will produce 2M tonnes a year (mta) of LNG off Cameroon.

Golar LNG and its partner Ophir Energy have yet to reach a final investment decision on a second West African FLNG project, Fortuna FLNG, based in neighbouring Equatorial Guinea. Keppel is converting the 126,000 mᶾ LNG carrier Gandria to support the US$2Bn Fortuna FLNG project.

Reports attribute the delay to bottlenecks in securing Chinese funding for the 2.2 mta project, which was due to start in mid-2019. Ophir is now seeking new backers, aiming to approve the project by year-end.

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