Golar LNG in Russian gas collaboration

The Russian energy giant Rosneft and US-based Golar LNG have signed a Memorandum of Understanding aimed at an LNG collaboration. Fearnley calls this a really good thing for Golar LNG. (Corrected on March 9th, 2015)

Russia's major oil and gas producer Rosneft and the tanker company Golar LNG have signed a Memorandum of Understanding (MoU) for a collaboration in FLNG - Floating liquefaction and transport of LNG.

"Under this MoU the companies will enter into discussions to develop opportunities for the use of Golar's GoFLNG facilities in Latin America and potentially other locations. The parties are targeting signing of two FLNG tolling agreements for projects within Rosneft's portfolio," say the two companies in a press release announcing the collaboration.

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