LNG

The Japan Bank for International Cooperation has signed a loan agreement in project financing for a floating storage and regasification unit (FSRU) to be operated by Japanese shipping company Mitsui OSK Lines and linked to a gas-for-power project in the West African nation of Senegal where plans are also underway for LNG exports.

Karmol, the Turkish-Japanese joint venture, said its first floating storage regasification unit (FSRU) has been delivered by Sembcorp Marine in Singapore and will begin sea trials ahead of deployment in the West African state of Senegal in June.