Nakilat And Karpowership Join Hands To Collaborate In LNG-To-Power Market & Establish JV

nakilat & karpowership

Nakilat and Karpowership have signed a Memorandum of Understanding (MoU) to collaborate in the LNG-to-power market and jointly own and operate Floating Storage Regasification Units (FSRUs).

Image Credits: nakilat.com

Nakilat’s Chief Executive Officer Eng. Abdullah Al-Sulaiti said: “We are very pleased and excited to sign this agreement with Karpowership today. This fits very well with Nakilat’s long-term growth plan to expand and diversify our shipping portfolio and strengthens our position as a...

https://www.marineinsight.com/shipping-news/nakilat-and-karpowership-join-hands-to-collaborate-in-lng-to-power-market-establish-jv/

LNG-to-Power FSRU Set To Begin Sea Trials

The joint venture between Karpowership and Mitsui OSK Lines the “KARMOL”, said its first floating storage regasification unit (FSRU) is set to begin sea trials off Singapore, says a press release published on MOL website.

Begins sea trials off Singapore 

KARMOL’s first Floating Storage Regasification Unit (FSRU) was delivered on 15th March at Sembcorp Marine in Singapore and begins sea trials off Singapore ahead of its deployment to Senegal in the coming weeks.

LNG-powered electricity 

The FSRU,...

https://mfame.guru/lng-to-power-fsru-set-to-begin-sea-trials/