Friday, 23 January 2015

BRASS LNG SHAREHOLDERS REAFFIRM COMMITMENT TO PROJECT

BRASS LNG SHAREHOLDERS REAFFIRM COMMITMENT TO PROJECTDetermined to ensure that the exit of ConocoPhillips and the discontinuance of the initial Cascade technology does not hamper the implementation of the multi-billion dollar Brass Liquefied Natural Gas (LNG) project, the shareholders in the project have constituted a new pre-Front End Engineering Design (FEED) team and adopted a new technology, APCL.
 
ConocoPhillips, which held 17 per cent stake in the project, recently completed their “elegant exit” from the project.
 

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