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September 5, 2017

King & Spalding Advises Mitsui O.S.K. Lines on Participation in LNG Import Project in India

SINGAPORE, September 5, 2017 – King & Spalding represented Japanese conglomerate Mitsui O.S.K. Lines (MOL) on its agreements with Swan LNG for an LNG terminal to be developed in Gujarat, India.

The LNG terminal will have a receiving capacity of 5.0 million tons/year and utilise a dual floating storage and regasification unit (FSRU) and floating storage unit (FSU) solution. The FSRU tank capacity will be 180,000m3 and the FSU tank capacity will be 135,000m3 -145,000m3.

MOL has agreed to provide the FSU and the long-term operation/maintenance of both the FSU and the FSRU, which will be constructed by Hyundai Heavy Industries. More information on the agreements can be found here.

The Singapore-based King & Spalding team advising MOL is led by projects and energy partner Richard Nelson and also includes associates Kristian Whitaker, Christophe Vauthier and Ji Nin Loh.