BW LNG wins FSU order

BW LNG will supply a Floating Storage Unit (FSU) for the Kingdom of Jordan’s national electric power company.

The vessel, to be moored at Sheikh Sabah LNG Terminal, Aqaba for 10 years, will be acquired by the kingdom’s National Electric Power Company (NEPCO), at the end of the charter period.

The LNG carrier will undergo conversion to an FSU ahead of the charter and is expected to start operations during Q3-Q4 of 2026. The vessel is one of 34 vessels in BW LNG’s fleet, which includes four Floating Storage and Regasification Units (FSRUs) and four newbuildings under construction.

A BW LNG floating lNG vessel. BW LNG has clinched a 10-year charter with Jordan’s National Electricity Company (NEPCO) for one of its vessels. (Image: BW LNG)

“We are pleased to work with the National Electric Power Co. to provide a reliable long-term solution for energy security, powering electrical generation and industrial use. As part of our fleet of 34 LNG carriers and FSRUs, our vessel will be converted ahead of her 10-year charter in the Hashemite Kingdom of Jordan. At BW LNG, we are committed to our strategy to provide floating LNG infrastructure as the world moves towards a low carbon society and countries look for sustainable, affordable, and reliable energy”, said Yngvil Åsheim, CEO of BW LNG.