LNG

Gunvor leases FSRU to use in Bangladesh

Gunvor will lease Exmar’s barge-based FSRU for a period of 10 years for a project in Bangladesh,
By Staff reporter 15 May 2018 0 30860

Gunvor will lease Exmar’s barge-based FSRU for a period of 10 years for a project in Bangladesh, according to an announcement from the Belgian shipping company.

The vessel is expected to arrive in Bangladesh in the fourth quarter of this year and start operations following a commissioning phase.

Gunvor sees Bangladesh as a potential major market for LNG. It is the first time the company has leased an FSRU and shows it is branching out from its role as a trader.

The...