The charter is for a period of 10 years and remains conditional on the board of directors of AGL Energy Ltd taking a final investment decision in relation to the project and receipt by the charterer of key environmental project approvals. The FSRU assigned to the project is expected to generate annual EBITDA of between US$29 million and US$31 million depending on planned technical modifications that may be specified by AGL before project start-up.

Alex Hithersay
Editorial Assistant
Alex joined Palladian as an Editorial Assistant on Hydrocarbon Engineering in August 2018, and is keen to learn all about the downstream oil, gas and petrochemicals industries.
Before joining the company, he graduated from the University of Exeter with a BA in Classical Studies and English, having completed his dissertation on Homer’s Odyssey.
As well as experimenting with dubious vegetarian cooking, Alex enjoys reading, cycling and photography.
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