Shortened FSRU charter gives Dubai room to manoeuvre

By James Gavin 21 July 2017
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The Golar Spirit docked in Brazil. Like the Freeze, the Spirit has a relatively high fuel consumption. (Golar) The Golar Spirit docked in Brazil. Like the Freeze, the Spirit has a relatively high fuel consumption. (Golar)

Dubai’s decision to shorten its charter on the Golar Freeze FSRU by a year grants the emirate greater room to manoeuvre but could prove a headache for vessel’s provider.

The Dubai Supply Authority (DUSUP), the emirate’s gas import and distribution firm, announced its intention to pare back the charter on 12 July amid broader concerns about the region’s gas supply-demand balance.

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