Al-Faw FSRU Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
| Related categories: |
Al-Faw FSRU Terminal is a proposed liquefied natural gas (LNG) import terminal in Iraq.[1][2][3]
Location
The terminal is proposed to be located in Al-Faw Port in Basrah, Iraq.
Project details
- Type: Import[1]
- Start year: 2026[1]
- FID status: Pre-FID
Background
Approved in 2023, the Al-Faw Port FSRU will be "a fixed platform for processing imported gas" that will "help ensure a reliable electricity supply to Iraq."[3] As of November 2023, the Iraqi government had "allocated US$1.5 billion for the project, which is expected to be financed by public and private funds."[3] The platform was expected to be finished by 2026, but no detailed information had yet been disclosed regarding ownership and investments.[7]
In December 2024, it was shared that the Iraqi government had appointed South Gas Company to oversee a plan to install an FSRU at Grand Al-Faw port, which was under construction. KBR had been tapped to assist in the project. Later that month, Iraqi PM Al-Sudani released a statement after a US visit that discussed progress in attracting specialised US companies to establish a fixed gas platform at Grand Al-Faw port.[8] The port is due to be complete by the end of 2025.[9]
In February 2025, it was re-iterated that Iraq would be building two offshore LNG terminals to tackle shortages. It was confirmed that one of these would be at the Faw port, eyeing Qatar as a potential import source. The other project was shared to be the Khor Al-Zubair FSRU.[10]
In March 2025, it was confirmed that a tender had been launched for a fixed regasification platform in the Grand Al-Faw port.[6]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 Domitilla (2024-01-31). "Iraq's proposed LNG import terminal to be ready in 2 years". Joint Italian Arab Chamber (in italiano). Retrieved 2024-05-30.
- ↑ 2.0 2.1 "Iraq Approves LNG Import Infrastructure". MEES. Retrieved 2024-05-30.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 "Iraq eyes building LNG import terminal in Al-Faw Port". IranOilGas Network. Retrieved 2024-05-30.
- ↑ Editor (2024-12-04). "South Gas Company to Lead LNG Platform Project | Iraq Business News". Iraq Business News | All the latest business news from Iraq. Retrieved 2025-07-09.
{{cite news}}:|last=has generic name (help) - ↑ "Largest And Global Sovereign Wealth Fund Institute | SWFI". www.swfinstitute.org. Retrieved 2025-07-09.
- ↑ 6.0 6.1 "Iraq exploring floating gas terminals to meet power demand". Retrieved 2025-07-09.
- ↑ Muhsen, Majda; Projects, Zawya. "Iraq's proposed LNG import terminal to be ready in 2 years – report". www.zawya.com. Retrieved 2024-05-30.
- ↑ "Iraq reiterates push to cut gas flaring and drive ahead with LNG import terminal plan". upstreamonline.com. Retrieved 2025-07-09.
- ↑ Kawach, Nadim (2025-03-17). "Iraq's long delayed Faw port nears completion". AGBI. Retrieved 2025-07-09.
- ↑ Kawach, Nadim (2025-02-17). "Two new LNG terminals in Iraq to replace Iran gas". AGBI. Retrieved 2025-07-09.
