International maritime company BW Group has been chosen by the Egyptian Natural Gas Holding Company (EGAS) to provide LNG regasification services in Egypt’s Ain Sokhna port
Through a floating storage and regasification unit (FSRU), BW Group will provide its LNG regasification services, said the company.
BW Group CEO Carsten Mortensen said, “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.”
According to the company, the project requires a fast track schedule – five months from project inception to first gas. The company’s state-of-the-art FSRU BW Singapore, built at Samsung Heavy Industries (SHI) in South Korea, will be utilised for this project.
The FSRU will be delivered by the end of September 2015 to Ain Sokhna port, and will be ready for operation in October 2015. The unit has a low environmental footprint, high efficiency and a storage capacity that exceeds 170,000 cu/m. It also offers a peak registration capacity of 21.23 cu/m per day.