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Exmar signs FSRU agreement with Gunvor

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Tanks and Terminals,

Exmar has executed a fully effective 10-year charter with Gunvor for the provision of its floating storage and regasification unit (FSRU) barge and related services in Bangladesh.

The FSRU barge is currently at Keppel Shipyard undergoing site specific modifications after having been delivered from Wison Offshore and Marine in December 2017. It is expected to arrive in Bangladesh in 4Q18 and start operations after its full commissioning.

Currently, the FSRU has been fully paid by Exmar and the financing of the unit is under discussion.

The floating solution developed and operated by Exmar serves Gunvor’s long-term strategy to support the development of new LNG markets by providing reliable and efficient LNG infrastructure solutions.

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