Egypt’s Second FSRU Arrives in Ain Sokhna

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The second Floating Storage and Regasification Unit (FSRU) arrived in the Egyptian port of Ain Sokhna.

FSRU’s are ships meant to process and re-gasify LNG shipments. They are similar to importing terminals, but are mobile and seen as a cheaper short-term solution. Egypt has signed multiple contracts for importing LNG, as the state struggles to provide enough natural gas to power its industries and cities.

Khaled Abdel Badie, Chairman of state-run EGAS, told reporters that the ship plans to start processing LNG shipments in late October.

The ship comes from BW Group, a Norwegian company that specializes in LNG shipments and processing contracts. It has the capacity to process between 600-700 cf/d of natural gas. The ship will tie up alongside the Hoegh LNG that arrived in April.

Both ships are to be connected directly to the national grid for natural gas distribution.

Source: Reuters