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Premier Oil produces first gas from Pelikan

Last updated: 09:29 10 Mar 2015 GMT, First published: 10:29 10 Mar 2015 GMT

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Premier Oil’s (LON:PMO) Pelikan field has now produced ‘first gas’.

The Pelikan field, offshore Indonesia, follows the nearby Naga field and Premier says both projects were brought online on budget.

Together they have the capacity to deliver up to 200 British thermal units per day and the gas is sold to Singapore under long term contracts.

Pelikan and Naga gives Premier increased operational flexibility, it said, and additional volumes to be supplied to meet growing market demand.

Premier has a 28.67% stake in the Natuna Sea block, which hosts both fields.

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