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BW lands FSRU job in Pakistan

BW lands FSRU job in Pakistan
BW Group has inked a 15-year deal with Pakistan GasPort Limited (PGPL) to provide LNG regasification services using a newbuild FSRU for the second Pakistan LNG terminal.

The FSRU, under construction at South Korea’s Samsung Heavy Industries (SHI), is scheduled to be delivered in the fourth quarter of 2016.

Iqbal Z Ahmed, chairman of PGPL, said: “This landmark project will reduce Pakistan’s gas deficit by 30%, ensure fuel for 3,600 megawatts of new power generation plants being constructed in Pakistan to reduce power outages by 80%, and save some $1.5bn in annual foreign-exchange savings.”

The project will be commissioned by 30 June 2017 at Port Qasim in Karachi, Pakistan.

Yngvil Asheim, managing director of BW LNG, said: “BW is a leading player in the LNG sector, and we will leverage on our many years of experience to support Pakistan as they build their second LNG terminal.”