LNG

Cameroon pursues second FLNG amid security issues

Cameroon has signed an agreement to install a second FLNG vessel, but the security situation in the country is a growing cause for concern Cameroon has signed an agreement to install a second FLNG vessel, but the security situation in the country is a growing cause for concern.
By Felix Janvrin 14 June 2018 0 31308
A well in the Etinde field A platform in the Etinde permit. (Bowleven)

The government of Cameroon has signed an agreement with a local subsidiary of NewAge Energy that paves the way for the installation of a second FLNG vessel in the country’s waters, although a worsening security situation could increase the risks associated with the development.

A gas convention agreement (GCA) was signed by Cameroon’s minister of water and energy, Gaston Eloundou Essomba, and NewAge’s executive vice president, David Loran, on 8 June. The binding agreement delineates the installation of an FLNG vessel that will draw on reserves...