Sharjah fast-tracks FID on floating LNG import terminal to curb power shortages

Wednesday, 02 August 2017

Sharjah National Oil Co. (SNOC) seeks to fast-track its financial investment decision (FID) on deploying a floating gas storage and regasification unit (FSRU) in the emirate to end power shortages at times of peak summer demand. Financial close is envisaged before the end of 2017, with aim to start importing LNG by early 2019.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial
 
 
Rate this item
(0 votes)