Gasol has been working to develop an
interim gas supply solution through the provision of regasified
LNG. The Company aims to sign gas sales agreements for regasified
LNG to develop a gas market prior to substituting natural gas for
Gasol procures the supply and delivery of LNG from its own
resources or the global energy market to a Floating Storage and
Regasification Unit ("FSRU") permanently moored at the nearest port
to the power plant.
The LNG is transferred by ship-to-ship transfer from the LNG
carrier to the FSRU and then regasified on the FSRU before the
gas is discharged by pipe to the power plant. Floating
regasification compares favourably to traditional onshore LNG
receiving terminals due to shorter construction periods and a lower
capital cost of implementation.