Rift, Flex LNG move forward with Papua New Guinea gas pipeline

Rift Oil has received the final feasibility study for a gas pipeline to enable gas to be exported from its licenses in Papua New Guinea.

Offshore staff

LONDON -- Rift Oil has received the final feasibility study for a gas pipeline to enable gas to be exported from its licenses in Papua New Guinea. The study includes the onshore production facilities and pipeline components of the overall development and was jointly commissioned by Rift and Flex LNG.

The study shows that there are no technical impediments to the construction of field facilities and an export pipeline from Rift's Douglas and Puk Puk discoveries to a pipeline end module in the Gulf of Papua, for connection to a Flex LNG production vessel. A suitable pipeline route has been determined which is from the gas fields in PPL 235 towards the Bamu River and then southeast to a location in the Gulf, the company says.

Flex LNG has signed four ship building contracts with Samsung Heavy Industries for LNG producer hulls and for engineering, procurement, construction, integration, and commissioning of the worlds first floating liquefaction unit. The vessels are designed to be moored in the vicinity of suitable gas resources, such as Rift's, and are capable of processing and storing gas for sale to conventional bulk LNG transport vessels.

04/22/2009

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