TRANSBORDERS is preparing to start front-end engineering and design work next year on its 1.5 million tonnes per annum floating liquefied natural gas solution, which is a natural complement to its planned deepC Store carbon capture and storage offshore hub project. The Australian company has completed technical pre-FEED work on its FLNG concept and is currently optimising the design based on specific gas resource opportunities, Matt Holding, Transborders' study manager for the deepC Store project, told Upstream. "We are also in the final stage of completing negotiations for all key commercial terms that underpin the bankability of our FLNG project - offtake, EPC (engineering, procurement and construction), etc - with our partners, and progressing negotiation with a series of resource owners for deployment and commencing FEED in 2021," said Holding.
展开▼
