Fuelgarden LNG hired to evaluate regasification terminal development

Fuelgarden LNG said it has been engaged by a Singapore-based LNG company to carry out a techno-commercial evaluation on the development of an LNG regasification terminal.

The terminal will be supplying natural gas to a power generation plant in Asia Pacific, the company revealed in a statement.

Based on the evaluation report from Fuelgarden LNG and the dialogue with local authorities and the end-customer, Fuelgarden LNG’s customer will decide on an FIDĀ of the project.

Provided the project is being realized planned start-up of the terminal will be in 2016.

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Image: Fuelgarden LNG