Golar LNG, a Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, has struck an engineering, procurement, and construction (EPC) deal with Yantai CIMC Raffles Offshore (CIMC Raffles) for its fourth floating LNG (FLNG) and second vessel of MKII design.
FLNG MKII design with 3.5 mtpa; Source: Golar LNG
While revealing its EPC agreement with CIMC Raffles for its fourth FLNG with an annual liquefaction capacity of 3.5 million tons of LNG per annum (mtpa), Golar LNG highlights that this FLNG conversion project has a total budget of approximately $2.45 billion to be delivered to its prospective site. This FLNG is expected to be received
