Italian gas team Snam has actually authorized an agreement with Golar LNG under which Golar will certainly supply the existing LNG Carrier “Golar Arctic” as a drifting storage space as well as regasification system (FSRU).
Snam will certainly set up the FSRU in the port location of Portovesme, in Sardinia, as component of a task to provide the island with power.
The agreement, worth 269 million euros (~$ 283 million), consists of the vessel as well as the capex for Golar to transform the Golar Arctic right into an FSRU with storage space ability for as much as 140,000 cubic meters. Further fully conversion of the vessel, the FSRU will certainly be offered to the Snam Group.
Golar claimed that the beginning of tasks for the conversion of the ship right into an FSRU as well as associated gratifications go through Snam’s issuance of a Notice- to-Proceed (NTP) as well as additionally to that the conversion is anticipated to take around 2 years for the Golar Arctic to be supplied.
Demand for FSRUs has actually been expanding in Europe, as they are viewed as a means to rapidly decrease dependence on Russian gas. FSRUs are made use of to regasify the melted gas imported LNG vessels, as well as feed that gas right into the neighborhood gas grid.
