Huge numbersCondor has already completed front-end engineering for its first modular LNG facility and detailed engineering will commence shortly. The Company’s LNG facilities will utilize leading-edge technology developed by the United States Department of Energy and commercialized by Condor’s LNG partner in the United States. The first facility will be constructed near Aktobe, Kazakhstan and produce 120,000 metric tons of LNG annually, which is the energy equivalent volume of 450,000 liters of diesel per day. Phase 1 of the first facility is currently scheduled to commence LNG production in mid 2026, for which a stable feed gas supply has already been secured. The Company is also advancing project funding alternatives.
Wow!!!
Condor already produces 10.000 boepd in Usbekistan and gains 2.7 Mio CAD per month.
Impressive numbers, but no buyers yet...