N35

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Dreifa Energy to purchase the platform supply vessel Blue Betria

We are pleased to announce that Dreifa Energy Limited (“Dreifa Energy” or the “Company”) has entered into an agreement to acquire the platform supply vessel Blue Betria from Blue Star Line A/S. The Blue Betria was built in 1983, extensively upgraded in 2015 and is currently trading in the North Sea. Dreifa Energy is developing mid-scale floating regasification terminals for LNG imports. The terminal concept consists of regasification equipment and related utilities on a suited floating structure (“FRU”), operating in combination with a standard LNG carrier providing floating storage. The large deck space and excellent condition make Blue Betria an ideal candidate for conversion to an FRU, consistent with Dreifa Energy’s strategy of providing prompt, flexible and cost efficient solutions for prospective LNG importers targeting initial throughput of up to 1.5mtpa.