French utility EDF and mid-scale liquefaction specialist GasFin Development are set to take a final investment decision next year on two regasification projects in the French Caribbean.

Roland Fisher, chief executive of Luxembourg-registered GasFin, said front-end engineering and design work has been completed with first gas targeted for 2016 from floating storage and regasification units (illustrated) installed off the islands of Guadeloupe and Martinique.

He said EDF, which owns oil-fired power plants on each of the two islands, approached GasFin to see if it could access gas to provide feedstock for the facilities.

GasFin agreed in early 2011 and, with FEED work now complete, the project partners are expecting permit approvals by the end of this year for the two newbuild FSRUs to...