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Home International Customs

UAE plans floating LNG import terminal later this year

byCT Report
05/02/2016
in International Customs
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ABU DHABI: State-owned Abu Dhabi National Oil Co (Adnoc) plans to start a new liquefied natural gas floating import terminal (FSRU) in the second half of this year, three LNG industry sources said.

The floating import terminal is being supplied by US gas shipping company Excelerate Energy, the sources said. Both Adnoc and Excelerate Energy did not respond to requests for comment. One of the sources said the terminal’s import capacity will be about one million tonnes per annum.

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