Predator Oil & Gas to apply for Irish LNG import licence

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Oil company Predator Oil & Gas said it planned to apply for a liquefied natural gas import licence for Ireland.

It said the decision followed the execution of confidentiality agreements with a global supplier of LNG and an owner of LNG regasification vessels.

The company said it was forming new subsidiary cPredator LNG Ireland to progress the contracting of a floating storage and regasification unit.

The unit would have a 'send out' gas capacity suitable both for the peak demand gas market and for long term security and diversity of energy supply, Predator said.

At 9:32am: (LON:PRD) Predator Oil Gas Holdings Plc Ord Npv share price was +0.1p at 3p


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