Flex LNG paints gloomy picture of future prospects because of production hull woes

Friday, 25 May 2012

Flex LNG, the Norwegian company founded with the purpose of building four LNG production hulls and commercializing them, has seen its shares plunge almost 40 percent in the past year because of its woes related to a stalled LNG project in Papua New Guinea, and its contract for four hull newbuilds with Samsung Heavy Industries of South Korea.


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Last modified on Friday, 25 May 2012 07:46
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