Wärtsilä Re-gasification system for Norwegian Ship Conversion
Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel. The contract was signed in August. The Wärtsilä re-gasification system to be supplied will feature regas technology using water glycol as the intermediate medium instead of propane. This provides a more compact solution being some 15 percent smaller and lighter than the propane based system. "We have enjoyed a good relationship with the customer for many years and have supplied them with a number of regas systems. Repeat orders are the most positive endorsement of customer satisfaction…
LNG's March to the Sea
The LNG industry is beginning to move offshore, in part as a defensive tactic to avoid the safety and security concerns of local citizens to shore-based terminals and, in part, as an offensive move to access more gas reserves and possibly gain manufacturing and scale efficiencies. Project developers and the engineering contractors and equipment manufacturers that support them are working out the technical challenges of marinizing liquefaction, storage, loading, unloading and regas systems. "Moves to offshore facilities will change the economics of LNG project development," said Bob Nimocks, president of Zeus Development Corporation.
