Market Reaction: Golar securing debt financing for its FLNG project in Camerron is a slight positive for Ophir as investors are likely to draw parallels with Ophir's FLNG project in EG. It is encouraging that non-traditional debt providers (i.e. non banks) offer relatively low cost debt funding solutions for projects with such a risk profile. This suggests a relatively high tolerance to technical risk. We, however, continue believing that Ophir FLNG project in EG carries a higher technical ri

22 Jul 2015
GOLAR RECEIVES FINANCING COMMITMENT FOR GOFLNG HILLI IN CAMEROON

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GOLAR RECEIVES FINANCING COMMITMENT FOR GOFLNG HILLI IN CAMEROON
Ophir Energy (OPHR:LON) | 0 0 1.6% | Mkt Cap: 402.5m
- Published:
22 Jul 2015 -
Author:
Stephane Foucaud -
Pages:
2 -
Market Reaction: Golar securing debt financing for its FLNG project in Camerron is a slight positive for Ophir as investors are likely to draw parallels with Ophir's FLNG project in EG. It is encouraging that non-traditional debt providers (i.e. non banks) offer relatively low cost debt funding solutions for projects with such a risk profile. This suggests a relatively high tolerance to technical risk. We, however, continue believing that Ophir FLNG project in EG carries a higher technical ri