Etinde gas export project hangs in doubt
New reserve assessments and government talks will shape the Cameroon project's future
The Etinde gas export project in Cameroon was once touted as a candidate for one of the world's first floating LNG (FLNG) facilities. But, if liquids take centre stage there, its gas will likely take a different route to international markets, the chief executive of a former operator of the project tells Petroleum Economist. The standalone FLNG option is "a less compelling proposition than it once was", says Eli Chahin, chief executive of AIM-listed producer Bowleven, Etinde's former operator, which retains a 25pc stake in the development. He hopes a final investment decision (FID) on the project will be taken by early 2020. "Given what has been discovered to date, and the prospects of addit
Also in this section
10 May 2024
The US’ contentious LNG permitting pause has prompted criticism from CEOs and wildly differing interpretations from politicians
9 May 2024
Pipeline boosts Canada’s oil industry by widening its export options, making it less reliant on US market and bringing Asia into the mix
8 May 2024
Despite Australia’s first import terminal nearing completion, the prospect of additional regasification projects is far from certain