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Floating Lng Terminal

Bangladesh’s First LNG Import Terminal in the Works

Excelerate Energy and Petrobangla in agreement for long-term FSRU charter and construction of LNG import facility Excelerate Energy and Petrobangla have reached agreement on terms for the development and operation of Bangladesh’s first LNG import terminal. The agreement includes the provision of one of Excelerate’s existing floating storage and regasification units (FSRU) under a 15-year long-term charter, as well as the design and construction of the facility. Located offshore near Moheshkhali Island in the Bay of Bengal, the terminal will provide much needed natural gas to the southeastern Chittagong region of Bangladesh. The facility will include the installation of a subsea buoy system anchored offshore. The buoy system will act as both the mooring mechanism for the FSRU and as the conduit through which natural gas is delivered to shore through a subsea pipeline. The FSRU will have 138,000 cubic meters of LNG storage capacity and a base regasification capacity of 500 million standard cubic feet per day.   excelerateenergy.com  


Excelerate Energy Orders FSRU Vessels from DSME

Photo credit Excellerate Energy

Excelerate Energy enters Into a shipbuilding option agreement with DSME for 8 New Floating Storage and Regasification Units (FSRUs). The option agreement with Daewoo Shipbuilding and Marine Engineering (DSME) is for the delivery of up to eight Floating Storage and Regasification Units (FSRUs) between early 2015 and early 2017. The agreement gives Excelerate, the world's largest operator of regasification vessels and developer of LNG import solutions


Golar Signs Contract with Keppel Shipyard

Golar LNG Limited is pleased to announce that the company has signed a contract with Keppel Shipyard Limited of Singapore for the first ever conversion of an existing LNG carrier into a LNG Floating Storage and Regasification Unit (FSRU). Keppel Shipyard Limited is the leading ship repair yard for Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) carriers outside Japan. Moss Maritime of Norway (a Saipem company) has prepared the conceptual specification for the FSRU and will


KOTUG Assists LNG Vessels at Brunei Terminal

RT Champion (Photo: KOTUG)

As from the start of October 2014, KOTUG is assisting all LNG vessels at the Brunei LNG Terminal with three powerful Rotortugs. Brunei Shell Petroleum Company awarded KOTUG as its exclusive towage provider with a 24/7 operation, supported by local management. Three 80-ton-plus bollard pull strong tugs of the Rotor concept are in charge for the berthing and unberthing operations of LNG tankers, standby services during loading, oil spill response and firefighting duties


Floating Production: Huge Opportunity for Shipyards, Manufacturers

Chart 3

Floating production has been one of the most significant achievements in the upstream oil and gas industry over the past four decades. The ability to produce in deepwater has opened a new frontier in oil and gas development – and has generated a huge business base for suppliers of floating production systems Types of Floating Production Systems There are two basic types of floating production systems: oil/gas production units and LNG/gas processing units


Egypt to Tender for Second LNG Terminal

Egypt will launch a tender for a second liquefied natural gas (LNG) import terminal in the coming weeks, which could help address the country's ongoing energy crisis, a source at the state gas board said on Tuesday. High consumption, along with foreign firms' reluctance to invest in the sector until the government pays billions of dollars it owes, have turned the country from a net energy exporter into a net importer over the last few years.


Keppel Signs Landmark LNG Deal

Keppel Shipyard Limited (Keppel Shipyard), a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has signed a contract with Golar LNG Limited for the conversion of an existing LNG carrier into a floating Liquefied Natural Gas (LNG) storage and re-gasification unit (FSRU). The total contract value is approximately Singapore $90 million. When the conversion is completed in the second quarter of 2007, it will be the first of its type in the world


LNG Facility License Application

The Federal Energy Regulatory Commission (FERC) issued a Notice stating that, on January 30, 2006, Broadwater Energy LLC filed an application seeking authorization to site, construct, and operate an offshore liquefied natural gas (LNG) receiving terminal and associated facilities (Floating Storage and Regasification Unit – FSRU) in Long Island Sound. If approved, the FSRU would be located approximately nine miles north of Long Island in New York State waters and would serve as a


Daewoo May Beat Shell as First Floating LNG Vessel Operator

According to a Sept 15 report from Bloomberg, Daewoo Shipbuilding & Marine Engineering Co. said its Papua New Guinea energy venture may beat Royal Dutch Shell Plc to become the first operator of a floating liquefied natural gas production vessel. The venture could begin using a floating LNG unit in 2014 to process gas from an onshore field, Kim Jin Seok, chief executive officer of DSME E&R Ltd., the shipbuilder’s oil and gas arm, said in an interview in Seoul


Hyundai Heavy Names First Newbuild LNG FSRU

The world’s first newbuilding LNG floating storage regasification unit

Hyundai Heavy Industries Co., Ltd. (HHI) held a naming ceremony for the world’s first newbuilding LNG floating storage regasification unit (LNG FSRU), ordered from Höegh LNG in June 2011. The 170,000 cbm LNG FSRU, measuring 294 meters in length, 46 meters in width and 26 meters in depth with the storage capacity of 70,000 metric tons of chilled natural gas, will be chartered to Lithuania’s Klaipedos Nafta under a long-term contract.


MOL, Mitsui Ink Charter Deal

Courtesy  Cameron LNG

  Mitsui O.S.K. Lines, Ltd. signed a contract with Mitsui & Co., Ltd. today (January 29) to charter a new 177,000m3 liquefied natural gas (LNG) carrier. This is the third newbuilding vessel chartered by Mitsui & Co., following a contract signed last September 26 for two carriers


First Container for LNG Hybrid Barge

PIC_1_First_LNG_Container.jpg

The HUMMEL (bumblebee) LNG Hybrid Barge will enable Becker Marine Systems to supply low-emission power to cruise ships lying at port in Hamburg. The first container with LNG fuel has arrived in the Hanseatic City. The barge works like a floating power plant and uses LNG to supply


Yemen Lifts Force Majeure on LNG Deliveries

Yemen on Friday lifted force majeure on liquefied natural gas (LNG) deliveries from its Balhaf plant, trading sources with knowledge of the matter said. Reuters reported last week that the 6.7-million-tonne-per-year gas export terminal, operated by France's Total


Tohoku Electric's LNG Buy Sets Asian Spot Level

Japanese utility Tohoku Electric has purchased an LNG cargo for delivery in the third week of March at a price in the low $7 per million British thermal unit (mmBtu) range, pushing Asian benchmark spot LNG prices lower, traders said. Tohoku's tender to buy one cargo closed this week


Tepco, Chubu Buying 6 LNG cargoes from Vitol

Japan's Tokyo Electric Power Co and Chubu Electric Power Co,, are expected to buy a total of six cargoes of liquefied natural gas (LNG) from Vitol and GDF Suez in their first joint tender, three traders said on Friday. "They are waiting for the government to confirm


Yamal LNG Inks Deal with Gazprom to Sell LNG in Asia

A trading subsidary of Russian gas producer Yamal LNG has signed a long-term supply contract with a trading subsidiary of Gazprom, under which liquefied natural gas (LNG) produced by Yamal LNG will be sold in Asia, Yamal LNG said on Friday.  


‘Landmark Year’ for RS in 2014

For Russian Maritime Register of Shipping (RS), 2014 marked the 101st year of its activities. The classification society said 2014 also marked a landmark year, as the construction of the world's first Arctic LNG carrier began to RS class. The new 300-meter-long ship carrying liquefied natural gas


Danish Port Gets EU Funding for LNG Bunkering

Image: Port of Hirtshals in Denmark

Port of Hirtshals in Denmark will receive over EUR1 million a pilot construction of the first liquefied natural gas (LNG) tank and bunker, co-financed by EU’s TEN-T Program.  The pilot project will see construction of a 500 cubic meter LNG storage tank and bunkering facility


Wärtsilä Propulsion Solution for 3 Tugs

Wärtsilä 34DF

  Three large new escort tugs contracted by Norwegian operator Østensjø Rederi, will feature Wärtsilä dual-fuel (DF) engines integrated with a customized gas storage and supply system also supplied by Wärtsilä


Bomb Threat Cut Lithuania LNG Terminal Output

Gas supply from Lithuania's liquefied natural gas (LNG) import terminal was interrupted on Wednesday due to a bomb threat that later turned out to be a hoax, the terminal's operator Klaipedos Nafta said on Wednesday. The terminal is now preparing to restart, a spokeswoman said.


Sweden-Poland Maritime Link Improved

The EU's TEN-T Program will co-fund with over €2 million the development of the sea ports of Trelleborg (Sweden) and Świnoujście (Poland), to increase their competitiveness and sustainability, as well as improve the maritime link between both countries.  


GTT to Exhibit at Euromaritime

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), will exhibit at Euromaritime, the European Marine Business Show, from February 3-5, 2015 in Paris, Porte de Versailles.  


US House Passes Bill to Pressure Regulators on LNG Exports

The U.S. House of Representatives passed a bill on Wednesday to speed permits for exports of natural gas, a measure that even if passed by the Senate and signed into law by President Barack Obama, is not expected to help bring much new fuel to global markets.  


New Berthing System for Mooring Cargo Ships

Photo: Bellingham Marine

Eagle Rock Aggregates, U.S. subsidiary of Polaris Materials Corporation, has completed a new aggregate import facility at the Port of Long Beach that features a docking structure which will be used for mooring mid-sized cargo ships.  


Mitsui Orders 2 LNG Carriers from MHI

Moss-type tanks

Mitsubishi Heavy Industries, Ltd. (MHI) reports it has received an order for two next-generation LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd., scheduled for completion and delivery in 2018 and 2019, respectively. They will be put into service for the Cameron LNG Project






 
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