Ophir Still Looking for Fortuna FLNG Investor

Wednesday, January 17, 2018

Ophir Energy said talks to attract further investment in the Fortuna FLNG natural gas liquefaction project are ongoing. The company needs to secure a substantial amount of financing before it can take the FID.
An FID was expected to be taken in December 2017, but Ophir announced that the FID would be pushed back to sometime in Q1 of this year. According to Nick Cooper, chief executive of the company, talks with investors were taking longer than expected.

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