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Samsung Heavy in Talks with Eni to Build Mozambique LNG Platform

stander
stander
in Oil, Gas and Energy News

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SEOUL, July 21 (Reuters) - Samsung Heavy Industries expects to receive an order this year from Eni to build a floating LNG platform to process huge gas reserves in Mozambique, a spokesman said on Thursday, a sign a long-delayed project is moving ahead.


Samsung Heavy is in exclusive talks with Eni as part of a consortium with France's Technip and Japan's JGC in a project worth around $5.4 billion. Samsung's share would be worth $2.5 billion, the spokesman said.


"We expect the order in the second half of this year," a Samsung Heavy spokesman said on Thursday.


http://www.downstreamtoday.com/news/article.aspx?a_id=52859


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