BG Group has a joint venture agreement with Petroleo Brasileiro SA focused on developing floating liquefied natural gas (FLNG) as an additional option to commercialize the associated natural ga..
BG Group has a joint venture agreement with Petroleo Brasileiro SA focused on developing floating liquefied natural gas (FLNG) as an additional option to commercialize the associated natural gas reserves in the Santos Basin offshore Brazil. Under the agreement, FEED contracts will be awarded for a new FLNG vessel. The vessel will operate close to the planned Santos Basin floating production, storage and off-loading (FPSO) vessels. The vessel will process and liquefy the associated natural gas from the pre-salt fields before offloading to LNG ships.
The FLNG processing capacity is anticipated to be up to 14 million cubic meters per day of associated gas. The 3 million tpy of LNG pr
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