LNG (LIQUIFIED NATURAL GAS)

DSME still confident of 2014 start for PNG FLNG

DAEWOO Shipbuilding & Marine Engineering has made a bold claim that its Papua New Guinea joint venture would beat Shell to the punch of having the first floating liquefied natural gas project.

DSME E&R chief executive officer Kim Jin Seok told Bloomberg the venture with PNG national resources company Petromin and Norway's Hoegh LNG expected to receive government approval for its plans by next...

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