Keppel Shipyard Ltd., a wholly-owned subsidiary of Keppel Offshore & Marine Ltd. (Keppel O&M), will deliver shortly a liquefied natural gas (LNG) floating storage unit (FSU) to Armada Floating Gas Storage Ltd. (AFGS) following the sailaway ceremony of the vessel Armada LNG Mediterrana held in early August at its yard in Tuas, Singapore.
The vessel, converted for Malaysia's Bumi Armada Berhad's unit AFGS, will depart for Malta where it will operate at the Delimara LNG Regasification Terminal for ElectroGas Malta Limited.
"The Armada LNG Mediterrana represents Bumi Armada’s first LNG FSU that will soon form part of the chain to deliver low-carbon energy to the people of Malta. We expect this project will enable Bumi Armada to become a key player in the growing floating LNG market and it proves that we are capable of offering flexible and competitive solutions for a wide range of LNG projects," Leon Harland, CEO of Bumi Armada, said in Wednesday press release.
On arrival in Malta, the FSU will be permanently moored to a jetty and deliver LNG on a continuous basis for the 18-year and 3-month contract period to an onshore regasification plant that feeds a 400 megawatt base load power station.
"Armada LNG Mediterrana is the 14th conversion/upgrading project that we successfully completed for Bumi Armada," Michael Chia, managing director (Marine & Technology) of Keppel O&M, said.
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