Snam buys Golar Tundra FSRU 5 billion cubic meters for $350 million

The Golar Board of Directors approved the transaction on May 30, 2022.

Built in 2015, Golar Tundra can act as both an LNG supplier and an FSRU. The vessel has a capacity of about 170 thousand cubic meters of LNG and a continuous redeployment capacity of 5 billion cubic meters per year.

To maximize its renewable capacity, it will be located in north-central Italy.

The The Golar Tundra FSRU will begin operating as a floating LNG refueling terminal in the spring of 2023.

The completion of the transaction takes place concurrently with the signing of the contract and will be financed by Snam with its own resources.

In the coming months, Snam will begin operations to contract LNG refueling capacity, which will gradually become available from the launch of Golar Tundra as FSRU scheduled for spring 2023 .

Source link


News7h: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button