BP named as buyer for Eni's Floating LNG in Mozambique | Receive case studies from BP, APGDC, Gasol and more

Top Quote SMi's 4th annual Floating LNG conference, taking place on 17-18 February 2016 in London, will play host to leading Floating LNG innovators, with an array of case studies provided on current and upcoming projects from across the globe. End Quote
  • (1888PressRelease) October 20, 2015 - BP has agreed to offtake LNG from Eni's planned 2.5 mtpa Floating LNG project in Mozambique. Under the deal, the UK oil major has secured the LNG on an oil-linked, free-on-board basis, at prices competitive with cheap exports that will be coming out of the United States. With oil costing $50 per barrel, the LNG price would work out at $5.5/MMBtu. In return the UK major has also agreed to take on a lot of technical risk and will be flexible if LNG volumes from the project are lower or available later than expected. Eni, which operates Mozambique's Area 4, has yet to select the engineering, procurement, construction, installation and commissioning contractor for the FLNG facility. This was initially expected by the end of October, but negotiations are still ongoing and a decision is unlikely to be made until November or December.

    (Source: Interfax, 9 October 2015, "BP named as buyer for Eni's FLNG in Mozambique")

    Against this backdrop, SMi's 4th annual Floating LNG conference, taking place on the 17th - 18th February 2015 in London, will feature BP's LNG and Gas Monetisation Advisor, Boris Ertl, delivering a case study taking place on Day One at 14:30 titled 'Safer Development of FLNG'. His presentation will cover the following key points:
    What are the essential characteristics of FLNG?
    What are the hazards present?
    Closer look at the process hazards
    Can we achieve inherently safer design without eroding value?

    The two-day programme will provide updates on current projects, LNG market dynamics, advances in construction and technology, new business opportunities and how to make the most of them.

    Speaker Panel includes:
    Sri S. Narayanan, Managing Director, Andhra Pradesh Gas Distribution Corporation Limited / GAIL
    Boris Ertl, Advisor LNG & Gas Monetisation, Upstream Engineering Centre, BP
    Alan Buxton, COO, Gasol Plc
    Laszlo Varro, Head of Gas, Coal and Power Markets Division, International Energy Agency
    Steve Robertson, Director, Douglas-Westwood
    Barry Worthington, Executive Director, United States Energy Association
    George Shammas, Curent Chairman, Cyprus Energy Regulatory Authority (CERA)

    To view the full speaker line-up and conference programme, visit http://www.floating-lng.co.uk/1888pressrelease

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