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DSME loses Excelerate FSRU deal

A letter of intent signed in February 2017 between the South Korean yard and the US FSRU operator for up to seven LNG FSRU units expired on Tuesday without any further action from the two sides since the signing. DSME had previously built FSRUs for the company

A letter of intent signed by the two sides in February 2017 did not materialise into an order

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