Provaris Energy Ltd 2020 Annual Report
Company: Provaris Energy Ltd
Sector: Energy utilities
Country: Australia
Year: 2020
Type: Annual Report
Pages: 93
The report describes the company's continued commercialization of the CNG Optimum floating gas pipeline solution, including a completed Brazil CNG Commercialisation Plan and progress toward US Gulf of Mexico export infrastructure. It reports a stated ambition to achieve a greater than 50% reduction in greenhouse gas emissions versus LNG across the full delivery cycle. Financially, the consolidated entity recorded a 2020 operating loss of $2,881,583.
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