Report on Duqm re-gasification unit to be submitted soon

Business Wednesday 28/February/2018 16:16 PM
By: Times News Service
Report on Duqm re-gasification unit to be submitted soon

Muscat: A consortium of two global energy consultants, Navigant Consulting and Tractebel Engie, is expected to submit a detailed feasibility study on setting up a floating storage re-gasification unit (FSRU) in Duqm to the Special Economic Zone Authority in Duqm (Sezad) within a month, Reggy Vermeulen, chief executive officer of the Port of Duqm, told the Times of Oman in an interview.
The FSRU is a specially refitted vessel designed to store, transport, and regasify liquefied natural gas (LNG).
Vermeulen said Sezad would study the report carefully and consult with the Ministry of Transport and Communications and the Ministry of Oil and Gas before taking a final decision on whether to proceed with the project.