Sycar steps forward Ecuador FSRU project

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By Adnan Bajic The U.S. project development company Sycar has teamed up with an LNG trading company to develop an LNG terminal in Ecuador.

Courtesy of Sycar

The company noted the project will include a floating storage and regasification unit (FSRU). The FSRU will supply regasified LNG to an existing power plant as well as deliver volumes to an LNG truck filling station.

This project is intended to introduce natural gas to the Ecuadorian energy matrix as a Phase 1 for a future onshore LNG storage terminal.

The project is being developed for Bajo Alto in El Oro Province near the existing Thermo Gas Machala

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