Pangea LNG B.V.

PANGEA LNG B.V.

Pangea LNG B.V. is an investment company and a developer of LNG floating liquefaction – designed to accelerate and support the monetization of gas reserves and stranded gas reserves. Owned by Daewoo Shipbuilding and Marine Engineering (DSME), NextDecade International and D&H Solutions AS, Pangea LNG B.V. will connect gas suppliers to the world’s most important LNG demand markets with a focus on reserves of 2 – 20 TCF.

The Pangea companies believe that one size does not fit all. That is why we are developing solutions that can be duplicated and geared towards more specific gas qualities and environments. By designing for a tighter range of parameters, we are able to eliminate unnecessary capital costs. Our modular design concept can be fully utilized on a vessel, be efficiently divided between land-based and floating, or even be totally land-based.

Pangea LNG embraces a holistic approach, encompassing the entire value chain from the upstream to the final off-taker to monetize gas into LNG. Owners of the hydrocarbon as well as the off-taker of LNG are invited to participate in the value-creation and position their risk and reward profile accordingly. This holistic approach helps mitigate risk positions for small and medium sized gas owners through the sharing of a larger portion of the value chain, and helps NOC’s and final off-takers secure access to technology and operations together with a long-term supply of LNG.

Pangea LNG’s consortium offers vast LNG industry experience and has invested in FLNG technology, FEED studies, and complex financial models and solutions. In addition, Pangea LNG is well positioned with the off-takers of LNG throughout the world. One of our strengths is our ability to safely and economically fast track the entire development process resulting in earlier revenue streams. For every month a project comes on-line early, that is a month of revenue that otherwise will not be realized until 20 years from then, the increase in NPV value for gas owners and tax revenue for NOC’s can be astounding.

Pangea LNG B.V. is organized regionally with initial interests in:

• Eastern Mediterranean – Levant LNG Holdings Corporation
• North America – Pangea LNG (North America) Holdings, LLC
• East Africa – Pangea LNG B.V.

Pangea LNG is positioned to become the preeminent Floating Liquefaction developer worldwide.

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