🎗BW Group and Mitsui & Co. formed a joint venture (JV) to jointly own the floating storage and regasification unit (FSRU) BW Integrity.

By FPSO, LNG

🎗BW Group and Mitsui & Co. formed a joint venture (JV) to jointly own the floating storage and regasification unit (FSRU) BW Integrity.

Mitsui & Co. has purchased a 49 percent share in BW Integrity, and BW continues to own a 51 percent share in the vessel, the two companies said in a statement on Tuesday.

BW will continue to provide commercial and technical management services for the vessel that is currently in Port Qasim on a 15-year charter to PGP Consortium Limited (PGPC), to provide LNG regasification services at Pakistan’s second LNG import terminal.

http://m.lngworldnews.com/#newsitem-207633

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