Mitsui and Transborders get to work on small-scale FLNG

PERTH-headquartered Transborders Energy has struck an agreement with another Japanese partner in Mitsui to develop its small-scale Floating LNG vessel and deploy it on a range of stranded offshore gas resource projects in Western Australia.

Mitsui and Transborders get to work on small-scale FLNG Mitsui and Transborders get to work on small-scale FLNG Mitsui and Transborders get to work on small-scale FLNG Mitsui and Transborders get to work on small-scale FLNG Mitsui and Transborders get to work on small-scale FLNG

 

The project aims to develop a low-cost vessel to monetise stranded gas resources and convert them into "FID ready" projects within 24 months.