Qatar-based shipping company Nakilat is to collaborate with floating power plant specialist Karpowership on a deal which will see the partners jointly owning and operating floating storage regasification units (FSRUs).
An FSRU allows for the at-sea transporting, storing, and regasifying of liquefied natural gas (LNG).
The Memorandum of Understanding (MoU), signed on 24th October 2021, will allow both companies to push ahead with the joint venture.
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