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Friday, 05/18/2018 3:19:08 PM

Friday, May 18, 2018 3:19:08 PM

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$GLNG A first-of-its-kind liquefied natural gas plant developed by Golar LNG (GLNG, GMLP) off Cameroon has exported its first cargo, Reuters reports, citing trade sources and shipping data.

The first shipment was exported by Gazprom (OTCPK:OGZPY), which bought the entire output of the Cameroon project for eight years, using the Galicia Spirit tanker, according to the report, which also says the Golar Maria tanker is approaching Cameroon to load the plant’s second cargo.

A successful project start-up is considered crucial test for Golar, which hopes to roll out similar plants in Equatorial Guinea with Ophir Energy and in Senegal-Mauritania with BP.
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