Brazil’s Petrobras is aiming to take a final investment decision in the first quarter of next year on its proposed floating LNG production unit.
Chief executive Jose Sergio Gabrielli said at the World Petroleum Congress that the company aims to build the unit after 2015.
Petrobras and junior partners BG Group, Repsol-YPF and Galp had been expected to take FID this year but the government-controlled oil and gas company dealt the timeline a blow with an announcement that the project was on hold.
Gabrielli
