Floating LNG production remains on the table for monetising gas offshore Brazil, BG Group has confirmed. The UK company, which is working with Brazil’s Petrobras to develop pre-salt gas, said there are “a number of moving parts” in the process.
BG boss Frank Chapman revealed the thinking when he was asked whether the recent sanctioning of the Cabiunas gas pipeline, which will connect the Lula field to the Cabiunas processing plant north-east of Rio de Janeiro, signalled a further delay to FLNG plans.
“The sanction...