IEV Gas signs MOU for LNG supply
IEV Holdings subsidiary, IEV Gas, has signed a Memorandum of Understanding with PT Maxpower Indonesia, to collaborate on LNG supply for remote power generation in North Sumatera, Indonesia.
The MOU will initiate a feasibility study covering the review of the procurement, transport and delivery of LNG to industrial and remote power generation consumers in the North Sumatera region.
Subject to the results of this study, the companies will work towards definitive collaboration agreements setting out specific terms of collaboration and financing obligations.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/23102014/iev-gas-to-work-on-lng-supply-in-indonesia-1655/
You might also like
New Fortress Energy signs long-term gas supply agreement with Puerto Rican government
New Fortress Energy Inc. has reached agreement on contract terms with the Third-Party Procurement Office and the Puerto Rico Public-Private Partnerships Authority for the long-term supply of LNG to Puerto Rico.