LNG

April 11 (LNGJ) - MEO Australia, which is developing a Timor Sea LNG project, has started a farm-out process for up to a 50 percent participating interest in the Seruway PSC, offshore North Sumatra, Indonesia. MEO has invited energy companies to consider farming into the PSC containing existing gas and oil discoveries, as well as prospects and leads. MEO Chief Executive Jurgen Hendrich said he was only interested in "a compelling farm-in offer."