South Korea’s DSME scores LNG FSRU contract

Rate this article

By Mirza Duran South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) said Thursday it has won a contract to build a floating storage and regasification unit.

Image courtesy of DSME

DSME said in a regulatory filing it will build the LNG FSRU for a company based in Central America for 411 billion won ($340 million).

The shipbuilder aims to deliver the vessel by June 2023.

However, the deal will be effective after the unidentified company in Central America makes a final investment decision on its project.

Daewoo said that it would receive compensation for the costs related to the construction of the FSRU if the investment decision falls

Read Full Article Here

For more great articles: LNG World News

(Visited 4 times, 1 visits today)

Comments

comments