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Golar LNG and Snam sign FSRU deal to Italy

LNG

Golar LNG and Snam agree contract for floating LNG terminal to Italy

  • The Golar Arctic LNG carrier will be converted into a floating regas unit (FSRU) with 140k cubic meters storage capacity.
  • The FSRU will be installed in the port area of Portovesme, Sardinia
  • The contract amounts to €269m including delivery of the vessel and conversion to an FSRU.
  • Delivery of the converted vessel is expected to take 2yrs following Snam’s issuance of a notice-to-proceed.

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