“I think the progress is good. It should actually be completed by the end of March or positively before,” Jonathan C. Russell, executive vice president and chief commercial officer of First Gen, told reporters on Friday.
In its disclosure last month, First Gen said Norwegian firm BW LNG, which is a floating gas infrastructure developer, will provide LNG storage and regasification services to First Gen’s existing and planned gas-fired power plants and third-party terminal users. Yngvil Asheim, chief executive officer of BW LNG, said the company does not expect any delay in its commitment.
“The first delivery of LNG won’t happen until after July,” he said, adding that the month is the schedule for bringing in the floating storage and regasification unit.
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