An LNG carrier controlled by clients of Gazprom Marketing & Trading (GM&T) is poised to go into Drydocks World in Dubai for conversion to a floating storage unit (FSU) for Russia’s Portovaya LNG plant.

Industry sources said the 138,107-cbm Excel (built 2003) will shortly head to Dubai from Keppel Shipyard, where it has been lying idle for several months. Two other Asian shipyards had bid on the job.