First cargo date slides for Golar's Cameroon FLNG unit

Golar LNGs first floating LNG (FLNG) production unit Hilli Episeyo is not likely to load a hotly anticipated initial cargo until the end of this month.

Industry sources tell TradeWinds that a first loading off Cameroon has been put back from the first week of April to around the 23rd to 24th of the month as engineers try to get the liquefaction process running smoothly onboard the unit.

The 138,000-cbm LNG carrier Galicia Spirit (built 2004) is on hand nearby to take the first cargo from the floater, which is moored off Kribi.

From mid-April, Golar is contractually liable for late delivery payments of $100,000 per day on the unit.

Chief executive Iain Ross said in Golars results call that while the start-up had taken longer than initially planned, the aim is to achieve commercial acceptance from lead shareholders and the units charterers Perenco and Cameroons Societe Nationale des Hydrocarbures by mid-April.

Golar is keen to achieve proof of concept with its Cameroon floater to advance its next planned FLNG unit for the Fortuna LNG project in Equatorial Guinea.

Gazprom Marketing & Trading (GM&T) is buying the entire 1.2 million tonnes per annum output from the Hilli Episeyo's first two trains.

An initial load date of early March had been anticipated but this has progressively been shunted back.

GM&T has fixed the 150,200-cbm Moss-type newbuilding Seri Camar for four months to lift cargoes from the FLNG unit before Dynagas 150,000-cbm Clean Energy (built 2007) goes on ch....

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