J&P-Avax of Greece said it has signed a deal worth €125 million in Malta with Electrogas Malta.
Electrogas Malta is a consortium comprising GEM Holdings Limited, Socar Trading, Siemens Project Ventures and Gasol LNG Import Limited.
The project involves the Engineering, Procurement and Construction of an installation for the importation and storage of LNG and its regasification. The term of the contract is 18 months.
The plant will supply natural gas to Malta’s largest energy station located in Delimara.
The project includes all specialised technical equipment for the liquefying, storage and regasification of natural gas, control stations and the jetty required for continuous supply of the station with LNG from a floating storage unit.
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Press Release; Image: Gasol