Cameroon agreed on fiscal terms for New Age African Global Energy’s proposal to deploy a newbuild, 1.4-mtpa floating LNG plant to process gas from the Etinde production sharing contract. The unit will cost about $500 million and be moored 10 km from the Djeno oil terminal. First production could come in 2022-2023, but so far privately held New Age has yet to sign any gas purchase agreements for the project, a necessary step prior......
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