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Ophir says does not need partners for upstream floating LNG project in Equatorial Guinea

2016-11-03CAPE TOWN, Nov 1 (Reuters) - Ophir Energy (OPHR.L) can go ahead with its Fortuna floating liquefied natural gas project off Equatorial Guinea with or without new partners because the cost estimates have halved to around $450 million, a senior executive said on Tuesday."The capital costs have..

Why do we need LNG?

2013-06-03The North American natural gas situationNorth America's demand for natural gas is increasing, yet production in the lower 48 states of the United States is decreasing. The resulting gap between demand and supply can be met through a combination of Canadian imports, gas from Alaska and liquefi..