Kosmos Energy Announces First LNG Cargo at the Greater Tortue Ahmeyim Project in Mauritania and Senegal
Kosmos Energy (NYSE/LSE: KOS) has announced the successful loading of the first liquefied natural gas (LNG) cargo from the Greater Tortue Ahmeyim (GTA) project, located offshore Mauritania and Senegal. The inaugural shipment, comprising approximately 174,000 cubic meters of LNG, was transferred to the 'British Sponsor' LNG carrier from Golar LNG's floating vessel stationed 10 kilometers offshore.
This milestone follows the project's first gas production in late 2024 and initial LNG production in February. A second LNG carrier is already positioned near the hub terminal for the next cargo lifting. The floating LNG vessel has a nameplate capacity of 2.7 million tonnes per annum. This achievement marks the beginning of revenue recognition for Kosmos and its partners, while establishing Mauritania and Senegal as gas-exporting nations.
Kosmos Energy (NYSE/LSE: KOS) ha annunciato il successo nel caricamento della prima spedizione di gas naturale liquefatto (GNL) dal progetto Greater Tortue Ahmeyim (GTA), situato al largo delle coste di Mauritania e Senegal. La spedizione inaugurale, composta da circa 174.000 metri cubi di GNL, è stata trasferita alla nave metaniera 'British Sponsor' da una nave galleggiante di Golar LNG posizionata a 10 chilometri dalla costa.
Questo traguardo segue la prima produzione di gas del progetto avvenuta alla fine del 2024 e la produzione iniziale di GNL a febbraio. Una seconda nave metaniera è già posizionata vicino al terminal hub per il prossimo carico. La nave galleggiante di GNL ha una capacità nominale di 2,7 milioni di tonnellate all'anno. Questo risultato segna l'inizio del riconoscimento dei ricavi per Kosmos e i suoi partner, consolidando Mauritania e Senegal come paesi esportatori di gas.
Kosmos Energy (NYSE/LSE: KOS) ha anunciado la exitosa carga del primer cargamento de gas natural licuado (GNL) del proyecto Greater Tortue Ahmeyim (GTA), ubicado frente a las costas de Mauritania y Senegal. El envío inaugural, que comprende aproximadamente 174,000 metros cúbicos de GNL, fue transferido al buque metanero 'British Sponsor' desde la embarcación flotante de Golar LNG situada a 10 kilómetros en alta mar.
Este hito sigue a la primera producción de gas del proyecto a finales de 2024 y la producción inicial de GNL en febrero. Un segundo buque metanero ya está posicionado cerca de la terminal central para la próxima carga. La embarcación flotante de GNL tiene una capacidad nominal de 2,7 millones de toneladas por año. Este logro marca el inicio del reconocimiento de ingresos para Kosmos y sus socios, estableciendo a Mauritania y Senegal como países exportadores de gas.
Kosmos Energy (NYSE/LSE: KOS)는 모리타니아와 세네갈 해상에 위치한 Greater Tortue Ahmeyim (GTA) 프로젝트에서 첫 액화천연가스(LNG) 선적을 성공적으로 완료했다고 발표했습니다. 약 174,000 입방미터의 LNG로 구성된 첫 선적은 해안에서 10km 떨어진 Golar LNG의 부유식 선박에서 'British Sponsor' LNG 운반선으로 옮겨졌습니다.
이 성과는 2024년 말 프로젝트의 첫 가스 생산과 2월의 초기 LNG 생산에 이은 것입니다. 두 번째 LNG 운반선은 다음 선적을 위해 이미 허브 터미널 근처에 위치해 있습니다. 이 부유식 LNG 선박은 연간 270만 톤의 명목 용량을 갖추고 있습니다. 이번 성과는 Kosmos와 파트너들이 수익 인식을 시작하는 동시에 모리타니아와 세네갈을 가스 수출국으로 자리매김하는 중요한 이정표입니다.
Kosmos Energy (NYSE/LSE : KOS) a annoncé le chargement réussi de la première cargaison de gaz naturel liquéfié (GNL) issue du projet Greater Tortue Ahmeyim (GTA), situé au large de la Mauritanie et du Sénégal. L'expédition inaugurale, composée d'environ 174 000 mètres cubes de GNL, a été transférée au méthanier 'British Sponsor' depuis le navire flottant de Golar LNG positionné à 10 kilomètres au large.
Cette étape fait suite à la première production de gaz du projet fin 2024 et à la production initiale de GNL en février. Un second méthanier est déjà positionné près du terminal central pour la prochaine levée de cargaison. Le navire flottant de GNL dispose d'une capacité nominale de 2,7 millions de tonnes par an. Cette réussite marque le début de la reconnaissance des revenus pour Kosmos et ses partenaires, tout en établissant la Mauritanie et le Sénégal comme pays exportateurs de gaz.
Kosmos Energy (NYSE/LSE: KOS) hat die erfolgreiche Verladung der ersten verflüssigten Erdgas (LNG)-Fracht aus dem Greater Tortue Ahmeyim (GTA)-Projekt vor der Küste Mauretaniens und Senegals bekannt gegeben. Die erste Lieferung, bestehend aus etwa 174.000 Kubikmetern LNG, wurde vom schwimmenden Golar LNG-Schiff, das 10 Kilometer vor der Küste stationiert ist, auf den LNG-Tanker 'British Sponsor' übertragen.
Dieser Meilenstein folgt auf die erste Gasproduktion des Projekts Ende 2024 und die erste LNG-Produktion im Februar. Ein zweiter LNG-Tanker ist bereits in der Nähe des Hub-Terminals für die nächste Frachtpositioniert. Das schwimmende LNG-Schiff hat eine Nennkapazität von 2,7 Millionen Tonnen pro Jahr. Dieser Erfolg markiert den Beginn der Umsatzrealisierung für Kosmos und seine Partner und etabliert Mauretanien und Senegal als Gas exportierende Länder.
- First LNG cargo successfully loaded and revenue recognition begins
- Second LNG carrier already positioned for next cargo lifting
- Project achieved operational milestones with 2.7 MTPA capacity
- Strategic expansion opportunities leveraging existing infrastructure
- Project still needs to complete ramp-up to full capacity
The first shipment of LNG was transferred to the “British Sponsor” LNG carrier from Golar LNG’s floating liquefied natural gas (FLNG) vessel located approximately 10 kilometers offshore, where the natural gas was liquefied and stored. The first cargo was fully loaded at approximately 174,000 cubic meters of LNG. A second LNG carrier is currently waiting near the hub terminal in preparation for the second cargo lifting.
The announcement of the first cargo shipment follows first gas production in late 2024 and first LNG production in February. The first cargo lifting is when Kosmos and its partners start to recognize revenue and is another key milestone for the project. The FLNG vessel has a nameplate capacity of 2.7 million tonnes per annum.
Commenting on the first LNG cargo lifting at GTA, Chairman and Chief Executive Officer Andrew G. Inglis said: “The first LNG cargo is a significant milestone, enabling
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Kosmos expects, believes or anticipates will or may occur in the future are forward-looking statements. Kosmos’ estimates and forward-looking statements are mainly based on its current expectations and estimates of future events and trends, which affect or may affect its businesses and operations. Although Kosmos believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available to Kosmos. When used in this press release, the words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other similar words are intended to identify forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Kosmos, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in Kosmos’ Securities and Exchange Commission (“SEC”) filings. Kosmos undertakes no obligation and does not intend to update or correct these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by applicable law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.
Management does not provide a reconciliation for forward looking non GAAP financial measures where it is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the occurrence and the financial impact of various items that have not yet occurred, are out of our control or cannot be reasonably predicted. For the same reasons, management is unable to address the probable significance of the unavailable information. Forward looking non GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures.
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Source: Kosmos Energy
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