November 12 (SeeNews) - State-owned company LNG Croatia has said it picked the bid of Golar Power Limited in a tender for the procurement of a Floating Storage & Regasification Unit (FSRU).
Golar Power Limited, a 50/50 joint venture of US company Stonepeak Infrastructure Partners and Bermuda-based Golar LNG, proposed the conversion of an existing LNG carrier to a FSRU at the value of 159.6 million euro ($180 million), LNG Croatia said in a statement on Friday.
LNG Croatia is the company responsible for the development of LNG import terminal project on the island of Krk, in the North Adriatic. The proposed project will include the building and operation of the infrastructure necessary for receiving, storing, reloading and regasification of liquefied natural gas.
The delivery window for the FSRU will be between September 30, 2020, to October 30, 2020, and the LNG terminal will be fully operational by January 1, 2021, LNG Croatia said.
The FSRU vessel will have a LNG storage capacity of 140,000 cubic metres, with a nominal LNG regasification capacity of 300,000 cubic metres of gas per hour, in accordance with the technical capacity of the Croatian gas transmission system, the company said.
Mitsui O.S.K. Lines and Maran Gas Maritime also submitted bids in the tender for the delivery of the FSRU, LNG Croatia said.
($ = 0.887377 euro)