United Arab Emirates-based Sharjah National Oil Corp (SNOC) is pushing ahead with plans to install a floating storage and regasification unit off its coast.

Those working on the project, in which German energy trader Uniper has a 40% stake, told TradeWinds that initial discussions have already been held with FSRU providers.

But they added that state-owned SNOC will be going out to owners more formally in April with the details of the specifications.