The company expects the project to be completed 16 months from the time of signing.
The FI consists of a disconnectable turret mooring (DTM) plug for the FSRU vessel system with anchors (suction piles), a flexible riser with floatation and tether system, a control and hydraulic umbilical, PLEM, stern mooring system (SMS) of the FSRU vessel offshore pipelines, and landfall works.
In August 2017, Summit LNG Terminal signed a Time Charter Party (TCP) agreement with Excelerate Energy for securing the FSRU vessel.
