Trader Trafigura is on the brink of ordering a barge-based LNG floating regasification unit (FRU) as it prepares to take advantage of the current excess supply of product in the market.

The company, which is working on the project with technical engineers Gasfin Development, is understood to be in final talks with shipyards in China and South Korea and is weeks away from starting construction on a 20,000-cbm unit.

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