BW Gas to Provide Egypt with Floating LNG Terminal

BW has been selected by The Egyptian Natural Gas Holding Company (EGAS) to provide LNG regasification services utilizing a Floating Storage and Regasification Unit (FSRU) in Ain Sokhna, Egypt.

Carsten Mortensen, BW Group CEO, says We are delighted to have been selected as the successful FSRU provider by EGAS and we look forward to supporting Egypt in this project of national importance. The project requires a fast track schedule five months from project inception to first gas which represents a record short time for implementation, and made possible because of excellent collaboration between EGAS and BW.

BW’s state-of-the-art FSRU BW Singapore built at Samsung Heavy Industries (SHI) in Korea will be utilised for this project. To be delivered by end September 2015 in Ain Sokhna Port and ready for operations in October 2015, she offers low environmental footprint, high efficiency, storage capacity in excess of 170,000cbm and a peak regasification capacity of 750 mmscfd.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects