Kosmos Energy’s (KOS) LNG Project Achieves Commercial Operations Date

Kosmos Energy Ltd. (NYSE:KOS) is one of the 10 best-value penny stocks to buy, according to analysts. On June 23, the company announced that its innovative liquefied natural gas project, Greater Tortue Ahmeyim, has reached the Commercial Operations Date (COD). The company is developing the project in partnership with BP.

Kosmos Energy’s (KOS) LNG Project Achieves Commercial Operations Date

An oil and gas crew working on a midstream pipeline, illuminated against a dusk sunlit sky.

Commercial Operations Data as part of a 20-year lease and operation agreement marks a significant milestone for the project’s partners. The milestone comes on LNG production volumes increasing significantly to levels equivalent to annual contracted volumes of about 2.4 million tons per annum.

Achieving COD status and the recent build-up in cargo lifting activity reflect the sustained cooperation between the project partners and Golar LNG Limited.

Kosmos Energy Ltd. (NYSE:KOS) is a Deepwater oil and gas exploration and production company focused on finding and developing resources in proven basins offshore Ghana, Equatorial Guinea, Mauritania, Senegal, and the U.S. Gulf of Mexico.

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