Egypt Gets 2nd LNG Import Terminal

The floating storage and regasification unit (FSRU) BW Singapore has arrived in Egypt and is about to start operations as the country’s second LNG import terminal.

The LNG FSRU, owned and operated by Norwegian BW Gas, is scheduled to start operations in the third week of October, Khaled Abdel Badie, boss of state gas board EGAS, told Reuters.

The Egyptian Natural Gas Holding Company (EGAS) selected BW to provide LNG regasification services utilizing a FSRU in Ain Sokhna, Egypt last August. The 5-year contract is said to be worth USD 300 million.

The FSRU BW Singapore, built at Samsung Heavy Industries (SHI) in Korea, boasts a storage capacity in excess of 170,000cbm and a peak regasification capacity of 750 mmscfd.

Egypt took delivery of its first LNG import terminal in April with the arrival of FSRU Hoegh Gallant, bringing 160,000 cubic metres of LNG to the energy-craving country.

EGAS chartered the vessel for a period of five years in November 2014.

World Maritime News Staff