A floating storage and regasification unit for India’s Swan Energy project has been chartered out to ship a spot cargo into Myanmar’s new import project.
Brokers reported that the 180,000-cbm newbuilding Vasant 1, which was delivered at the end of September, has been fixed for spot business with Chinese joint venture CNTIC VPower.
Ship tracking data shows the FSRU loaded a cargo of LNG at Petronas' plant at Bintulu in Malaysia.
The Vasant 1 is expected to ship this to Myanmar’s new import facility.
The FSRU has been open for trading as Swan’s 5 million tonne per annum terminal at Jafrabad in Gujarat state is not yet complete.
The under-construction facility was hit by storm damage and finance issues but is now scheduled to be in operation before the end of 2021.
CNTIC VPower’s Myanmar project is using an array of vessels as it gets to grips with the logistics of its new facility and starts to ramp up the volumes imported.
The company has been transshipping cargoes for the 162,000-cbm Golar Kelvin (built 2015), which was moored off west Malaysia, into a small LNG shuttle vessel, and then transferring them into a 28,000-cbm LNG floating storage unit moored to a mobile filling platform.
The Golar ship has now left and CNTIC VPower is also bringing in two steam turbine LNG carriers, GasLog’s 145,127-cbm Methane Alison Victoria (built 2007) and the newly converted 127,363-cbm CNTIC VPower Energy (ex-Northwest Seaeagle, built 1992) to serve as large FSUs for the project.
