PowerGlobe focuses on European LNG to power with FSRP solution

Qatar’s PowerGlobe is pursuing plans to install a $400m LNG-to-power unit at a Greek port as it lines up import capacity across Europe.

A PowerGlobe spokesman told TradeWinds that the trading company, which is part of Qatar’s Al Faisal Holding, will install a floating storage regasification and power generation barge (FSRP) at Volos on the eastern Greek mainland to the north of Athens.