Botas leases FSRU from Swan Energy

March 9, 2023
Turkish-state Botas has leased 180,000-cu m floating storage and regasification unit (FSRU) Vasant One from Swan Energy Ltd. subsidiary Triumph Offshore Pte. Ltd.

Turkish-state Botas has leased 180,000-cu m floating storage and regasification unit (FSRU) Vasant One from Swan Energy Ltd. subsidiary Triumph Offshore Pte. Ltd. The 5-million tonne/year FSRU is being rented at a rate of $250,000/day for 1 year and will be stationed in Saros Bay.

Triumph let Vasant One as a bareboat charter, with Botas assuming all operational expenses. The vessel was built by Hyundai Heavy Industries and delivered to Swan in 2020 for use as part of an LNG import terminal at Jafrabad, Gujurat, India.

Botas commissioned Turkey's first FSRU, the 170,000-cu m, 28-million cu m/day (990-MMcfd) Ertuğrul Gazi, at Dörtyol terminal in 2021. The terminal unloads two ships each month and can meet more than 10% of the country’s natural gas demand, according to Botas.