Golar LNG and Snam have entered a €269m contract to transform an existing LNG carrier, dubbed Golar Arctic, into a floating storage and regasification unit (FSRU).
The FSRU will be installed bySnam in the port area of Portovesme in Sardinia, an Italian island in the Mediterranean Sea, to meet the energy requirements in the region.
The contract covers the vessel and capex for its conversion into an FSRU.
Snam will acquire the FSRU, which will have a storage capacity of up to 140,000 cubic metres,...
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