Serinus gas plant units finally depart Canada
By Josh White
Date: Wednesday 16 Jan 2019
(Sharecast News) - Serinus Energy has confirmed that the 'Low Temperature Separation' (LTS) unit and the triethylene glycol (TEG) unit due for installation at its Moftinu gas plant in Romania have been loaded onto a freighter and have departed from Halifax, Canada, to Bremerhaven, Germany, it announced on Wednesday.
The AIM-traded firm said that, subject to weather in the Atlantic during shipment, the units were expected to arrive in port approximately six to 10 days after departure.
It said the units would then be trucked to the Moftinu site in Romania for final assembly, testing and commissioning.
"The company has worked closely with Confind, the Romanian EPC contractor, to remedy the failure of both the engineering design contractor and the fabrication subcontractor to honour their contractual obligations," Serinus Energy's board explained in its statement.
"It is the company's focus to ensure that the final assembly, testing and commission is conducted as expeditiously as possible.
"The company will inform the market of the production start-up date once the delivery, installation and commissioning of the units has been achieved."
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