BW LNG announced that it has held a ship-naming ceremony at Samsung Heavy Industries Shipyard for its second LNG Floating Storage and Regasification Unit (FSRU), the BW Integrity.
BW LNG announced that it has held a ship-naming ceremony at Samsung Heavy Industries Shipyard for the company’s second LNG Floating Storage and Regasification Unit (FSRU), the BW Integrity.
The 170,000-CM FSRU has been chartered under a 15-year agreement with Pakistan GasPort Ltd. (PGPL) and to be located at the South Asian country’s Port Qasim as the Pakistan’s second LNG imports floating facility, the Singapore-based company said in its announcement.
This FSRU is also designed to trade as a conventional LNG carrier with a maximum sea going speed of 19.5 knots.
According to PGPL, BW Integrity FSRU slated to double Pakistan's LNG regasification capacity to over 1200 MMCF/D. “The BW Integrity is a vital and essential part of our plan to reduce Pakistan’s gas deficit, provide fuel for 3,600 megawatts of brand new power-generation capacity, yield an estimated US$1.5 billion in annual foreign-exchange savings, and visibly boost the country’s economic growth.”
BW’s first FSRU, the BW Singapore, is currently involved in a 5-year contract providing LNG regasification and storage services at the Port of Ain Sokhna in Egypt.
Pakistan secured its second FSRU