The two companies said the deal aimed to combine Golar LNG’s midstream abilities in liquefaction, transportation and regasification with Rosneft’s giant upstream portfolio.

Under the MoU the duo will hold talks on developing opportunities for the use of Golar's floating liquefaction technology GoFLNG facilities in Latin America and potentially other locations, the companies said.

The pair said they are also targeting signing of two FLNG tolling agreements for projects within Rosneft's portfolio.

Oil