Egypt, May 12 -- Hoegh Evi has entered into a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of the floating storage and regasification unit (FSRU) Hoegh Gandria in Egypt, according to the company's release.The vessel will be positioned at the Port of Sumed in the fourth quarter of 2026 and is expected to provide up to 1,000 million standard cubic feet per day (mmscf/d) of peak LNG regasification capacity. Hoegh Evi will immediately begin the conversion of the LNG carrier Hoegh Gandria into an FSRU to facilitate timely deployment.The vessel was acquired in February 2023 with the purpose of conversion for long-term use. The Hoegh Gandria will replace the Hoegh Galleon, which was deployed to...