Golar LNG (GLNG) Expands Globally With Argentina FLNG Project

Golar LNG Limited (GLNG) has signed definitive agreements with Pan American Energy or PAE,a leading integrated energy company in Latin America that holds interests across the whole hydrocarbon value chain,to station a Floating Liquefied Natural Gas ("FLNG") vessel in Argentina for 20 years. This FLNG project will monetize Argentine gas by utilizing the vast resources of the Vaca Muerta shale formation in the Neuquina Basin, the world's second-largest shale gas resource. The company will hold a 10% stake in ...