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Wartsila Gas Solutions will deliver the regasification module to Hoegh Evi.
According to a statement by Wartsila on Tuesday, the equipment is scheduled for delivery in the second quarter of 2026, while the conversion of Hoegh Gandria will be completed in the fourth quarter of the same year.
Wartsila did not provide the price tag of the contract.
Singapore’s Seatrium recently secured a contract from Hoegh Evi to convert the latter’s LNG carrier Hoegh Gandria.
The contract covers the conversion and longevity of Hoegh Gandria to an FSRU, which includes the installation of a regasification skid, as well as integration of key supporting systems such as cargo handling, utility, offloading, electrical, and automation systems.
According to Seatrium, engineering work for the project is scheduled to start in May 2025, with an estimated project duration of 18 months.
Last month, the Norwegian FSRU player announced that it had signed a new charter deal with Egypt’s EGAS to deploy a converted FSRU in Egypt.
According to Hoegh Evi, the charter is for a period of 10 years.
The FSRU Hoegh Gandria will be deployed in the fourth quarter of 2026 to the Port of Sumed and will supply up to 1,000 mmscf/day of peak LNG regasification capacity, making it a “critical” part of Egypt’s diversified and flexible energy infrastructure, it said.
In 2023, the company, previously known as Hoegh LNG, bought this 2013-built LNG carrier from CoolCo for about $184.3 million, saying the acquisition provides flexibility to pursue FSRU conversion opportunities.
The unit will replace the FSRU Hoegh Galleon, which was deployed to Egypt in July 2024, on an interim charter from Australian Industrial Energy (AIE) and Hoegh Evi.
Galleon will remain in Egypt for up to an additional year before deployment to AIE’s LNG terminal in Port Kembla, Australia in 2027.