Spotted: BW Singapore Gets Down to Work in Ain Sokhna, Egypt
- Business & Finance
LNG Floating Storage and Regasification unit (FSRU) BW Singapore has carried out more than ten ship-to-ship (STS) operations and has sent out between 500-600 mmscf/d of natural gas on a daily basis since October 2015.
The FSRU, operated by maritime transportation company BW Group, was hired by the Egyptian Natural Gas Holding Company (EGAS) to work on the provision of regasification services in Ain Sokhna, Egypt.
EGAS awarded the regasification services tender to BW Group in August 2015.
The vessel was delivered and commissioned in three months from the date of contract signing.
The company added that, in light of the recent reports regarding payment issues in Egypt, BW “can confirm that payment for due hire has been received.”