Tag: FSRU

Gasgrid Finland’s LNG floating terminal in the deep harbour at Inkoo, Finland is now fully ready for use and gas deliveries can begin.

Hyundai Heavy Industries Group is developing a floating storage re-gasification unit (FSRU) for ammonia in cooperation with Korea National Oil Corp. (KNOC) and Lloyd’s Register.

MOL announced the completion of a concept study on a floating storage and regasification unit (FSRU) for ammonia fuel, in collaboration with Mitsubishi Shipbuilding.

Japanese shipping company MOL and South Korean shipbuilder DSME have successfully carried out a demonstration test of a Cryo-Powered Regas System for FSRU at DSME's Okpo shipyard.

Turkey’s new floating storage and regasification unit (FSRU) is expected to enter Turkish waters within the month.

The Korean company Daewoo Shipbuilding & Marine Engineering (DSME) along with the Mitsui O.S.K. Lines recently shake their hands and inked an agreement in order to develop new technologies, reducing the environmental affects of the Floating Storage and Regasification Unitis (FSRU).

The Bulgarian Government will invest in the Alexandroupolis FSRU terminal in Greece aiming on a wider diversity of its sources of supply, while the project is set to begin operations in September 2022, as Reuters informed.

Lithuanian LNG and oil terminal operator AB Klaipedos Nafta (KN) inked a EUR 134.1 million loan agreement with Nordic Investment Bank (NIB) to optimize costs of its LNG terminal. The 25-year maturity loan will be directed to finance the rent payable for the FSRU Independence. 

Royal Vopak announced that it acquired a 49% shareholding in Sociedad Portuaria el Cayao (SPEC) in Cartagena, Colombia. SPEC is the only LNG import facility in Colombia and has been operating for three years, since 2016. The LNG import facility includes an LNG jetty, onshore infrastructure and a 9.2 km gas pipeline which links SPEC to the national gas grid.

MOL and Karadeniz Holding A.S. (Karadeniz) announced that MOL and Karpower International B.V. (Karpowership), a subsidiary of Karadeniz, have agreed to jointly conduct the first LNG-to-Powership project under the co-brand Karmol in Mozambique.