Tag: FSRU

  Höegh LNG announced that has ordered its FSRU#8 at Hyundai Heavy Industries (HHI) in South Korea. FSRU#8 is designed to the highest specifications, has full trading capability, regas capacity of 750 MMscf/day, and will be delivered in Q1 2018. The agreement with HHI also includes a firm priced option for an FSRU#9, with a predefined delivery window. With this order, the Company has eight, large size and fuel efficient FSRUs in operation or under construction, and possesses the most modern FSRU fleet in the market.  President and Chief Executive Officer Sveinung J.S. Støhle says: "After signing the long term contract with Octopus LNG last week we stay firm to our business model with the order of FSRU#8 + options. Our plan to grow our FSRU fleet step-by-step with the objective to double it by 2019 remains firmly in place. We continue to see strong demand for our FSRU services, and with the highest technical specification on our newbuild FSRUs at competitive prices, Höegh LNG remains the leading company in the FSRU segment and we are very well positioned to continue increasing our market share in the coming years." Source and Image Credit: Höegh LNGIn the beginning, I was outspoken with ...

  BMT Asia Pacific (BMT),  has been appointed by Endeavour Energy for the development of the LNG storage and regasification facility, a part of the Ghana 1000 Gas to Power Project and Africa’s first LNG import terminal. Endeavour is co-leading development with General Electric, Eranove and local partners Sage Petroleum with the aim of providing the Ghanian government with Sub Saharan Africa’s largest power park, providing more than 1000MW to the national grid once completed. Excelerate Energy is providing assistance in siting the floating LNG terminal infrastructure, engineering and providing the dedicated floating LNG regasification vessel - FSRU (Floating Storage Regasification Unit) to supply gas to the power plant, an integrated gas to power solution that is expected to lower the costs of electricity and provide additional gas for other consumers. Through its LNG industry experts and marine engineers, BMT will be working closely with Endeavour and Excelerate Energy in conducting FEED level studies which include operability assessments, infrastructure design and optimization studies for the supply of gas from the offshore moored FSRU via subsea infrastructure to the onshore gas turbines at Aboadze, Ghana.  In March 2015, Shell and the Ghana 1000 consortium entered into exclusive SPA negotiations regarding a long-term ...

  Höegh LNG on 26 May 2015 signed an FSRU contract with Octopus  for the Penco-Lirquén LNG import terminal to be located in Concepción Bay, Chile. The contract is for a period of 20 years and is expected to generate an average annual EBITDA of around USD 36 million. The contract is subject to Octopus completing financing and obtaining necessary environmental approvals, and the planned start-up is in the second quarter 2018. The Company will service the contract with an FSRU from its newbuilding program currently in progress. The FSRU will be offered to Höegh LNG Partners LP in due course.  Höegh LNG's President and Chief Executive Officer, Sveinung J. S. Støhle, said in a comment: "We are delighted to have been awarded the contract with Octopus for their new LNG import terminal in Chile, and look forward to completing the project together with our client. Our modern FSRU solutions offer our client the most cost efficient way of importing LNG to meet an increasing demand for natural gas used in power production in Chile. With this contract we have full contract coverage for our FSRU fleet and are therefore contemplating the next step in our FSRU expansion program." Octopus' General Manager, ...

  Worldwide sourcing and distribution of LNG has grown into a major industry player while seeking to balance the growing global appetite for affordable energy with environmental concerns.  MAN Turbo and Diesel created an infographic regarding LNG shipping which is a booming market, driving growth at every stage of the process chain. Lower emissions Natural gas burns far cleaner than other fossil fuels do, producing 30% less carbon dioxide than petroleum and 45% less than coal, as well as significantly lower levels of sulfur and nitrogen oxides. “Natural gas and air are mixed before entering the combustion chamber and ignited via a small quantity of injected MDO/MGO pilot fuel. The combustion process according to the Otto-cycle ensures the lowest nitrous oxide (NOx) emissions when operating in gas mode, which are lower than projected future emission limits. For the sake of fuel flexibility, the engine can operate alternatively in liquid mode, where fuel oil is injected via conventional main pumps as in the 48/60B HFO engine,” explains Dietmar Zutt, Head of Sales Merchant Marine at MAN Diesel & Turbo. A booming market The booming LNG market is driving more than ship production, however. There is significant growth and investment at every stage ...

  According to the latest research from the US Energy Information Administration (EIA), floating regasification is increasingly being used to meet natural gas demand in smaller markets, or as a temporary solution until onshore regasification facilities are built. Of four countries planning to begin importing LNG in 2015, three of them—Pakistan, Jordan, and Egypt—have chosen to do so using floating regasification rather than building full-scale onshore regasification facilities. Floating regasification involves the use of a specialized vessel called a floating storage and regasification unit (FSRU), which is capable of transporting, storing, and regasifying LNG onboard. Floating regasification also requires either an offshore terminal, which typically includes a buoy and connecting undersea pipelines to transport regasified LNG to shore, or an onshore dockside receiving terminal. An FSRU can be purpose-built or be converted from a conventional LNG vessel. Floating regasification offers a flexible, cost-effective solution for smaller or seasonal markets, and can be developed in less time than an onshore facility of comparable size. It can also serve as a temporary solution while permanent onshore facilities are constructed, and an FSRU can be redeployed elsewhere once construction is completed. There are currently 16 FSRUs functioning as both transportation and regasification vessels ...

Klaipedos Nafta has signed a Memorandum of Understanding (MoU) with Bomin Linde LNG to jointly develop the LNG fuel market, including the necessary infrastructure, in the Baltic Sea. As of 1 January 2015, Klaipedos Nafta has successfully started commercial operations of its Independence floating storage and regasification unit (FSRU), providing LNG regasification and reloading services on a third-party-access basis. The company now intends to construct an onshore small scale LNG reloading station in the port of Klaipeda. With this station, Klaipedos Nafta will be able to offer small scale LNG services, e.g. loading services for trucks, serving the increasing demand for LNG the Baltic States and in Poland. Bomin Linde LNG intends to become the user of the Klaipeda LNG terminal and to book regulated LNG reloading capacities in order to use the facility as the regional break-bulking hub for the Baltic Sea. Bomin Linde LNG and Klaipedos Nafta have also agreed to jointly explore the possibilities to develop an LNG bunkering vessel, which would provide LNG bunkering services in the region, feed the LNG reloading station in Klaipeda and Bomin Linde's LNG bunkering terminals, e.g. the planned terminal in Hamburg, and other bunkering terminals in the Baltic Sea.  In ...

GTT announced the order of a new FSRU (Floating Storage and Regasification Unit) which will be built by the Korean shipbuilding Company Hyundai Heavy Industries (HHI). The regasification unit is expected to be delivered in 2017 and will be built with the proven Mark III technology. The cargo tanks will be equipped with an optimized containment system configuration to allow all partial filling ability. This FSRU will be the fifth one in the series at HHI and the seventh one in total owned by the Norwegian Company Höegh LNG, and equipped with GTT membrane. The order, received in November, highlights the importance of the partnership between HHI and GTT and the Höegh LNG’s trust in membrane technologies. Commenting on this latest notification, Philippe Berterottière, Chairman and CEO of GTT declared “We are pleased to further strengthen our relations with our Korean partner HHI and with Höegh LNG while noting that our technologies are once more recognized by the LNG industry.” Source: GTT / Image Credit: Höegh LNGIn the starting, I was frank with you propecia before and after has changed my being. It has become much more fun, and now I have to run. Just as it is improbable to sit.

Application of IMO requirements to FSRUs/FRUs operating in Indian waters

2013 An LNG year to Remember, Article written by Mike Corkhill, BIMCO