LNG

Nov 28 (LNGJ) - Flex LNG, the Norwegian company with assets comprising two LNG carrier newbuilds, said it would issue a statement soon on the acquisition by Geveran Trading Co of over one-third of its shares and a mandatory offer for the remaining shares. Flex said it had also been in detailed discussions with a number of parties to secure debt finance to cover its costs during the construction phase of the two vessels. "In the short term the company is focused on the construction of the newbuilds and has signed a supervision contract for the construction phase with Schulte Marine Concept (Hong Kong)," Flex added.