King & Spalding Advises Mitsui O.S.K. Lines on Participation in LNG Import Project in India

King & Spalding Advises Mitsui O.S.K. Lines on Participation in LNG Import Project in India

Image: 
Chamber Member News Post Date: 09/05/17 Source: King & Spalding By: King & Spalding
Intro Links: 
Summary

King & Spalding represented Japanese conglomerate Mitsui O.S.K. Lines (MOL) on its agreements with Swan LNG for an LNG terminal to be developed in Gujarat, India.

The LNG terminal will have a receiving capacity of 5.0 million tons/year and utilise a dual floating storage and regasification unit (FSRU) and floating storage unit (FSU) solution. The FSRU tank capacity will be 180,000m3 and the FSU tank capacity will be 135,000m3 -145,000m3.

MOL has agreed to provide the FSU and the long-term operation/maintenance of both the FSU and the FSRU, which will be constructed by Hyundai Heavy Industries. Read Full Article