13 consortiums prequalified for regasification units. Each may cost up to $400 million - Lebanon

13 consortiums prequalified
for regasification units
Each may cost up to $400 million
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The Ministry of Energy and Water launched a Request for Proposals for the purchase of Floating Storage and Regasification Units (FSRUs), after 13 international and local consortiums prequalified to participate in the tender.

The Council of Ministers had ratified the terms of reference for the FSRUs, which were purchased by 96 companies.

Prequalified companies will have 120 days to prepare their bids. The Ministry will then evaluate the bids and bring them to the Council of Ministers for approval.

The terms of reference allow awarding the contract to more than one winner.

The Ministry has accepted the recommendation of its advisor Poten & Partners to select Deir Amar, Zahrani, and Selaata as locations for the FSRUs.

The Ministry will launch a separate tender for the development of a coastal gas pipeline that is linked to the FSRUs and to the power plants.

“The cost of an FSRU could reach $400 million,” said Zaher Sleiman, Advisor to the ministry.

List of prequalified bidders and consortiums:
-Mitsui & Co (Japan)
-K Line (Norway), Fluor (U.S.), and Kawasaki (Japan)
-Kogas (South Korea)
-BP (U.K.)
-Engie (France)
-Eni (Italy), Qatar Petroleum Int (Qatar)
-Petronas (Malaysia)
-Total (France), Hoegh (Norway)
-Gas Natural Fenosa (Spain)
-BW (Singapore), Vitol (Netherlands), Butec (local), Almabani (local)
-Phoenicia Energy Consortium (N/A)
-Excelerate (U.S.), Shell (British-Dutch), BB Energy (local)
-Golar Power (Norway), CCC (Greece)
Reported by Yassmine Alieh
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Date Posted: May 22, 2018