An LNG floating storage unit (FSU) controlled by Teekay LNG Partners has left South Korea en route to become the centrepiece of Bahrain's first LNG import project.
The 173,400-cbm newbuilding Bahrain Spirit was due to arrive off Singapore this week, tracking data shows.
If we can do more projects like Bahrain, which are 20-year projects for regas, we are happy to do those
The vessel, which was contracted as an LNG carrier but modified to serve as an FSU for the Bahrain LNG project in which Teekay has a 30% stake, is due to go into service in its new role towards the end of the first quarter of next year.