FSRUs bought on spec to fast-track LNG-to-Power projects

Wednesday, 02 October 2019

Speculative orders for Floating Storage and Regas Units (FSRU) are on the rise as developers want to have the vessels ready for quick deployment once local regulators issue a permit for an LNG-to-Power project. There is a trend towards owing FSRUs rather than chartering the units, says Tor-Ivar Guttulsrød, Director FSRU & FLNG at ABS Global Gas Solution.

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