Lebanon’s LNG Import Plans Inch Forward

Lebanon’s two LNG import tenders, one for the installation of a floating storage and regasification unit (FSRU) and another for an LNG supply contract, are moving towards award, but could face similar political constraints to those that have to date delayed the bid round for offshore oil and gas exploration (MEES, 28 March).

For the FSRU contract, the Ministry of Energy has whittled down the bids to a short list of three bidders – US firm Excelerate Energy, Norway’s Höegh LNG and joint venture of Lebanon’s Buildum Ventures, US firm Waller Marine, Finland’s Wärtsilä Hamworthy and Norway’s BW Gas. (CONTINUED - 339 WORDS)