Gazprom has selected a 14-year-old LNG carrier to convert into a floating storage unit (FSU) for the planned mid-scale Portovaya LNG export project on Russia’s Baltic Sea coast.
Industry sources reveal an agreement has been reached under which Exmar and Mitsui OSK Lines’ jointly owned, 138,107-cbm Excel (built 2003) would be bought for the business. A sale could be finalised this month.
