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Ship Owner GasLog Among Firms chosen in Cyprus FSRU LNG Tender

Logistic News - Published on Fri, 19 Jul 2019

Image Source: Safety4Sea
Three JV have been selected by Cyprus in the first stage of a tender to provide a floating storage and regasification unit to import liquefied natural gas. The first JV is led by China Petroleum Pipeline Engineering, Natural Gas Public Company of Cyprus said. The second comprises Samsung C&T, Posco E&C, LNG ship-builder Mitsui OSK Lines and Japanese utility Osaka Gas. The third consortium includes LNG shipping company Gaslog, a unit of Spanish utility Enagas and Italian gas infrastructure company SNAM.

However, Cyprus aims to have the FSRU vessel in place and importing by 2021 and has a USD 113 million grant from the European Union. It requested expressions of interest last month to supply the LNG, with a deadline of September 6.

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Posted By : Sanju Moirangthem on Fri, 19 Jul 2019
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