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Lebanon floats tender for offshore LNG terminal
- Lebanon: Saturday, April 13 - 2013 at 01:20
Lebanese energy minister Gebran Bassil has said the ministry will start receiving bids for the construction of offshore LNG import terminals next week and will wrap up the tender in 100 days, The Daily Star has reported. Once the construction of the import terminal known as the Floating Storage Regasification Unit (FSRU) is completed, the country could save more than $1bn in spending on its energy bill, Bassil added. Thirteen companies are expected to bid for the construction of FSRU or the import of LNG or both, he said.
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