Bulletin Updates

Floating LNG stations is the new rage – 3 Aug 2021

Aug 03, 2021

Onshore regasification terminals are being replaced by FSRUs at an increasing rate. Around 30 per cent of new terminals are now being developed with FSRUs, mainly the smaller capacity units up to five mtpa. For these projects, an FSRU can often be developed faster, at a lower cost, and with lower capital intensity using a leased vessel

The same trend is emerging for floating gas-fired power generation plants, where the same benefits are now possible. Leased power barges and power ships are now available on the market up to 500 MW, and

in the future, this could grow to 1 GW capacity

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